Author: John Mason

Good teams find ways to win even when the calls go against them, even when the weather is bad, and even when their opponents change their strategy.  Bad calls are a part of sports…and business…and politics.  You have to go on. ...

Should there be a QE3 or not? This seems to be the debate now going on given the sluggish performance of the United States economy.  Not only have most of the recent statistical releases been relatively weak, the government also...

Debt loads become unsustainable when people, businesses, and governments have to make choices…when they cannot just “have it all”. A case in point comes from a story about the world famous philosopher Winnie-the-Pooh.  In this...

For the past two years or so, my prediction for the cumulative debt of the United States government over the next ten years has been in the $15 to $20 trillion range.  This would more than double the current amount of government...

The “new” trend amongst the big banks is to cut jobs. The “big” HSBC has announced that it will be cutting 10,000 jobs in the near future, part of what many analysts expect to be part of a 30,000 reduction in jobs that will...

An interesting article: “Once Unthinkable, Breakup of Big Banks Now Seems Feasible,” (http://dealbook.nytimes.com/2011/07/27/once-unthinkable-breakup-of-big-banks-now-seems-feasible/?pagemode=print) appeared in the New York...

For fifty years, the United States government has followed a policy of credit inflation. And, I am blaming both parties…the (Keynesian) Democrats and the (all Keynesians now Richard Nixon) Republicans. The current discussions...

Recently I have written about how the Fed’s injection of funds into the banking system has gone over seas because that is where the profits are.  See “Federal Reserve Money Continues to Go Offshore,”...