Student Loans…Look At This Insane Graph Of Parabolic Student Loan Debt – Much Of Which Is ‘A University Or College Sales Pitch That’s Not Much Different Then A Car Salesman’

| September 26, 2013

“Soaring higher education costs are further widening the achievement gap as non-wealthy students are forced to become debt-serfs to pay for college”. This is a system that forces poor and middle income households to shoulder student loans for decades in return for marginal-return degrees. It is wrong and recklessly predatory. Yet this is the system that […]

Currently, Stock Markets Of The World Show Little Fear…But Maybe They Should!

| August 13, 2013

Why, you say…. It’s the dreaded Hindenburg Omen! “The Hindenburg Omen is a technical analysis that attempts to predict a forthcoming stock market crash. It is named after the Hindenburg disaster of May 6th 1937, during which the German zeppelin was destroyed in a sudden conflagration.” The Hindenburg Omen is not a guarantee of a […]

The 2013 AMT Tax Nightmare Could Hurt Tens Of Millions Of People

| November 15, 2012

This from Bruce Krasting: The Wall Street Journal reports this morning that President Obama is going to ask for $1.6T in new taxes when he speaks on Friday. The only way that this sized tax increase could be accomplished is if the AMT (Alternative Minimun Tax) is indexed to inflation and hits tens of millions of […]

Australian Banks Have Been Told To Assume A Worst Case Scenario Concerning A European Union Debt Crisis And Currency Meltdown

| December 15, 2011

According to the Australian Finance Review, banks down under “have been given 1 week by regulators to stress test how they would handle a spike in joblessness and a plunge in home prices spurred by EU debt crisis.”  Bloomberg First Word describes for us what the article says: Australian Prudential Regulation Authority envision worst-case scenario of […]

Six Central Banks Save The World…Again!

| November 30, 2011

From PIMCO cofounder Mohamed El-Erian: The coordinated action “lowers the cost of emergency funding and increases the scope,”  Central banks “are seeing something in the functioning of the banking system that worries them”.  Six central banks led by the Federal Reserve made it cheaper for banks to borrow dollars in emergencies in a global effort to […]

Run Baby Run…

| September 26, 2011

Concerning the stock markets, a proven technique has been when in doubt, run for the hills….. From The Wall Street Journal: In a historic retreat, investors world-wide during the three months through August pulled some $92 billion out of stock funds in the developed markets, according to data provider EPFR Global—an exodus that more than […]

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