"Roubini characterizes super-sovereign intervention as merely kicking the can down the road. He says…"
“Roubini characterizes super-sovereign intervention as merely kicking the can down the road.
He says wryly: ‘There’s not going to be anyone coming from Mars or the moon to bail out the IMF or the Eurozone.’” –
So at some point you need rest…
"The issue is being exacerbated by an explosion in the $150 billion private market for student debt…"
“The issue is being exacerbated by an explosion in the $150 billion private market for student debt with interest rates for some existing loans surpassing 12 percent.” – Combined private and federal student debt doubled since 2007 to $1.1 trillion.
“We are going to be taxing everybody […] I think we…
“We are going to be taxing everybody […] I think we are getting close to the point where the Fed can no longer buy all the debt.” “The next couple years?”“Yes…”
I ‘m glad that the OpEd page at NYT has finally caught up to what I
"But, according to new data, even though the recession is over, this generation is not looking to…"
“But, according to new data, even though the recession is over, this generation is not looking to gorge; instead, they are the kind of hungry that cannot stop thinking about food. “Call it materialism if you want,” said Neil Howe, an author of th…