Tag: student debt
The GOP’s Debt Ceiling Demands
May 24, 2023
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...
PoliticsAround 40% of US Adult Children Live with Parents
May 31, 2022
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...
North AmericaMillennials Saddled with Student Loans that Prevents them from Becoming Homeowners
June 3, 2019
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...
Student DebtThe GDP Decline Post-2015.75
October 17, 2017
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...
Armstrong Economics 101Negative Interest Rates = Tax on Savings
April 30, 2015
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...
Sovereign Debt Crisis World EventsScrewing the Young & Old
April 17, 2015
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,...
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