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Aram Zucker-Scharff

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Tag: our terrible economy

“One in five people in their 20s and early 30s is currently living with his or her parents. And 60…”

“One in five people in their 20s and early 30s is currently living with his or her parents. And 60 percent of all young adults receive financial support from them. That’s a significant increase from a generation ago, when only one in 10 young adults moved back home and few received financial support.”

– It’s official: the boomerang kids won’t leave.

“They’re going, going, gone, […] They’re trying to change; they’re trying to get different…”

“”They’re going, going, gone, […] They’re trying to change; they’re trying to get different kinds of anchors, discount stores … [But] what’s going on is the customers don’t have the fucking money. That’s it. This isn’t rocket science.””

– The death of the American mall.

More High School Grads Decide College Isn’t Worth It

More High School Grads Decide College Isn’t Worth It:

As colleges put themselves deeper in debt on the assumption of increasing enrollment (and increase tuition accordingly), enrollment begins to drop. Put a pin in it, here’s where the pressure increases on the higher ed bubble and the pop begins. 

Universities are soon to get an education on just how much the market can bear. 

ANALYST: Bank Of America Just Completed The Wall Street ‘Trifecta Of Misery’

ANALYST: Bank Of America Just Completed The Wall Street ‘Trifecta Of Misery’:

“Elizabeth Warren is doing a jig somewhere right now.”

“The Trifecta of Misery on Wall Street … a list of mishaps that show Wall Street is now is too big to manage.”

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