GDP in the United States – Misleading data? How GDP may not be a good representation of the actual economy.
Interesting look at GDP in a weekend article. There have been recent debates about GDP really reflecting the true health of an economy. When we hear that GDP is going up we generally think that wages, jobs, the stock market, all go up in tandem. But in today’s market it would appear that the only [...]
Gold rally continues – Investors seek safe haven in currency devaluation world.
Gold continues a decade long rally and reaches a new peak price as world governments find the need to increase debt and fire up printing presses to deal with balance sheet problems. It isn’t that gold is necessarily special in any way but investors are seeking a safe haven when currency markets are fluctuating wildly. [...]
A Degree in Massive Debt (MD) – For-profit and private schools using the budget problems in state schools to lure in more students into debt. The extraordinary cost of going to college in the United States.
In the last few weeks, there has been a surge of articles in mainstream media channels discussing the massive cost of education. Whenever I read books with a biographical baby boomer edge, you will likely get a line of, “I didn’t need a college loan because I worked a part-time job and went to school.” [...]