Welcome to the Third World, Part 22: State Schools Scale Waaayyy Back
Readers of a certain age will remember when state universities were a bit spartan but extremely cheap. Middle class families could send their kids to
Readers of a certain age will remember when state universities were a bit spartan but extremely cheap. Middle class families could send their kids to
For what seems like decades, people have been warning that the next time some over-leveraged corner of the financial system implodes, bank and brokerage accounts
No rest for the wicked. With the shockwaves from Brexit and President Trump still reverberating around the world, the established order is bracing for more
At first, the idea of central banks intervening in the equity markets was probably seen even by its fans as a temporary measure. But that’s
The most obvious difference between “rich” and “poor” countries is that the former provide health care for most or all of their lucky citizens. At
Gold analyst Michael Ballanger just posted an article noting how much things have changed — perhaps for the better — in the gold market. Here’s
One of the oddest things in this increasingly odd world is the spread of negative interest rates everywhere but here. Why, when the dollar is
In that deservedly-famous 2006 CNBC debate between Peter Schiff and economist Arthur Laffer (in which the latter manages to be both arrogant and wrong about
Europe is the birthplace of Western civilization and the source of most of the trends and bodies of knowledge that define modernity. The average European
Peggy Noonan, former Reagan administration speech writer and current Wall Street Journal pundit has, like most of her peers, been wondering what’s gotten into the
For most of the past few years it was easy to make the case that precious metals mining stocks were cheap. They’d suffered through an
Republican party insiders expected The Donald to have his 15 minutes and then, when the reality of what President Trump might mean sinks in, lose
Here’s one for the “actions speak louder than words” file: Massive insider selling spurs stock market concerns (CNBC) – Corporate insiders have been selling their
Between that Russian plane being taken down by a soda can bomb and the recent Paris attacks, travel is losing some of its appeal. Last
Let’s start with the latest on the global descent into negative interest rates: Fed would consider negative rates if economy soured – Yellen (Reuters) –
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