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Tag: student debt

The GOP’s Debt Ceiling Demands

The Republicans and Democrats are refusing to agree on the debt ceiling crisis. The government will be unable to pay its bills and the US will default if an...

Around 40% of US Adult Children Live with Parents

A large portion of the youth can no longer afford to live on their own. A new survey found that around 40% of parents in the US currently have an adult child still...

Millennials Saddled with Student Loans that Prevents them from Becoming Homeowners

New findings are out from the New York Federal Reserve that reveal a troubling outlook for millennials who have now reached over US$1 trillion of debt, but the...

The GDP Decline Post-2015.75

The economic decline that we are now in moving into about 2036, is significantly different than pre-2015.75. The confidence shifted and 2015.75 was the peak in...

Negative Interest Rates = Tax on Savings

The current trend in Europe towards negative interest rates amounts to taxing whatever cash you have left after paying 50% in taxes. The bond auctions are starting...

Screwing the Young & Old

The end of socialism is not going to be pretty. Politicians have screwed the youth with student loan debt that they made non-dischargable to help the bankers,...