On Average, People Who Obtain Degrees from Quarter of Colleges Never Recover Cost of Education
The New Yorker | “Incredibly, the schools seem to add nothing to the market value of the students.”
Tag: Money Watch
Dow posts worst August decline in 17 years
Market Watch | The month of August can be pretty rough for stock investors.
The Oligarch Recovery – Low Income Americans Can’t Afford to Live in Any Metro Area
Michael Krieger | We were told we needed to bail out Wall Street in order to save Main Street. Well the results are in…
Massive Central Bank Intrusion Means Ever Increasing System Fragility
Charles Hugh Smith | A core dynamic is laying waste to global financial markets.
Goldman Warns This Extreme Indicator “Is Rare Outside Of A Recession”
Zero Hedge | The current VIX level of 26 is equal to the median VIX level over the last three recessions.
The Troubling Decline of Financial Independence in America
Charles Hugh Smith | By financial independence, I don’t mean an inherited trust fund–I mean earning an independent living as a self-employed person.
Why Capitalism Will Win
Gary North | Socialism as an ideology is finished today.
The Terror of Chinese Paper
Eric Margolis | Beijing Bingo.
Who Will Be the Bagholders This Time Around?
Charles Hugh Smith | The poor banana vendors, retirees, housewives and other newly minted punters who borrowed on margin to play the rigged casino.
Chinese Stocks To Plunge Another 35%, BofA Says
Zero Hedge | At least one analyst thinks that Chinese equities are in for further dramatic declines.
It’s Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington
Zero Hedge | On Tuesday evening, we asked what would happen if emerging markets joined China in dumping US Treasurys.
US Deficit Will More than Double over the next 10 Years
Joshua Krause | Earlier this year the Treasury Department made a stunning announcement.
It’s Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington
Zero Hedge | On Tuesday evening, we asked what would happen if emerging markets joined China in dumping US Treasurys.
Where is Neo When We Need Him
Paul Craig Roberts | In The Matrix in which Americans live, nothing is ever their fault.
Europe Markets Open Lower As Asian Markets Slump
IBT | European stock markets opened sharply lower Wednesday as volatility continued to grip Asia.