Tag Archives: GDP
Default Now
It is too bad that idiots don’t warn people before they do something really stupid. Perhaps someone of sound mind could intercept them and redirect their misguided intentions. Instead they seem to attract other kindreds…where they thrash about with self-reinforcing … Continue reading
Posted in Government Debt, MN Gordon
Tagged congress, crash, debt ceiling, freedom, GDP, gold, saving
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When the U.S. Treasury Bond Bubble Finally Explodes
The U.S. government borrows more than $40,000 per second. You’d think running up the credit cards at such a rate would be great fun. Yet, as far as we’ve made out, there’s nothing much fun about it. Who knows? Perhaps … Continue reading
Posted in Government Debt, MN Gordon
Tagged bubble, debt ceiling, GDP, interest rate, treasuries
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