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Even before the Occupy Wall Street movement began, there were straws in the wind that “higher education” was starting to be sniffed out as a bit of a fraud…at least in the New Normal, where an undergrad or graduate degree does not guarantee anything, save for perhaps steep student loan debt. I agree with the […]
Coast to coast flights are fantastic for getting uninterrupted reading time in, and on my flight back to the West Coast last Monday, I was able to devour Financial Reckoning Day Fallout: Surviving Today’s Global Depression, by Bill Bonner and Addison Wiggin. Bonner and Wiggin are the two top guys at Agora Financial, an extremely […]
We keep hearing how US households are paying off their debts. The important question is – how much debt is left to be paid off? For some insights into how much painful deleveraging may be left – I’d like to share what Bill Bonner wrote in today’s Daily Reckoning (an excellent free email newsletter by […]
Yesterday in our weekly column, we kicked around the possibility that the hyperinflationists are wrong…or at least early to the party. My piece was also picked up by Seeking Alpha, and you should check out the comment stream from livid gold bugs and monetary purists! I get a kick out of folks that truly believe […]
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