Tag Archive: Financial economics

Here comes the next bubble burst..

No, I didn’t say bubble butt, I said burst. And I am talking about the bubble created by the massive amount of student loan debt, which now surpasses even credit card debt in the US. The news that delinquencies are up drastically, is frightening.

Late last year, total student debt outstanding surpassed $1 trillion for the first time. Now, the problem of student loan delinquency is generating its own eye-popping numbers.

New data released

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Gas prices are going up again.

NOTE: I wrote this post a couple of weeks ago, and then left it as a draft because I figured it would turn into another battle about AGW. However, the predictions I was making then seem to have born fruit, so I decided it was time to actually post it, focusing on the fact that this policy failed miserably.

Obama’s team, suddenly realizing that their belief expensive gas was awesome and a needed thing for … Read more