A Warning on China Seems Prescient

Every bubble is based on a debt problem for the last 800 years. So why is the biblical warnings on debt no longer timely?

http://www.nytimes.com/2015/08/25/business/dealbook/a-warning-on-china-seems-prescient.html?ref=todayspaper&_r=0

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A Warning on China Seems Prescient

TaxProf Blog: NY Fed: The Growing Student Loan Crisis

The growing growing growing student loan crisis… ¬†¬†Notice it has gotten worse and not better with the Feds in charge.

An easy fix, charge the University 50% of the loans default value. They are the ones that get the money and see the students.

http://taxprof.typepad.com/taxprof_blog/2015/02/ny-fed-.html

TaxProf Blog: NY Fed: The Growing Student Loan Crisis