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Disasters Can Happen

The Next Frauds to Come Down the Turnpike

Fraudby MN Gordon

Economic Prism

The general suspicion that something just ain’t right with the economy has become an obvious reality.  Hope and optimism that somehow things will muddle along, or improve, are fading.  You can see it, feel it, and even smell it.

For example, several new data points were revealed Friday.  Each offered further confirmation that the economy’s not progressing.  Rather, it’s regressing.

According to the Bureau of Labor Statistics, producer prices dropped 0.4 percent last month and 1.6 percent on an annualized basis.  Naturally, wholesale prices go down when the dollar goes up.  They also go down when there’s weakening demand.

One would think that a strong dollar would encourage greater demand in (Read More....)

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The Temporary Madness of an Ugly Mathematics World

by MN Gordon Economic Prism

There are obvious contradictions in government finance that are both shocking and absurd.  There are opposing forces colliding before us with consequences hardly a soul can escape.  To sum up the plot, there’s the soft delusion of prosperity through public spending running up against the hard reality (Read More....)

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