Student loan debt is officially the greatest non-mortgage debt in the United States today, even more than credit card debt and auto loans. Meanwhile, the average student leaves school after four years with around $30,000 in debt. Despite immense government aid and state interference, nothing seems to be working. A new video from Prager University […]
Archives for November 2015
IEA report suggests oil won’t return to $80 until 2020
Oil prices have collapsed over the past 18 months, and have caused a wave of destruction to the economies of Canada, Russia and Saudi Arabia, which have depended upon their oil reserves to stimulate their economies. These countries may not see any respite for another few years, warns the International Energy Agency (IEA). According to […]
Jim Rogers warns mounting debt levels, easy money from central banks will end badly
Immense global debt and too much easy money will generate an international bear market soon, warns Jim Rogers, investment guru and bestselling author of “Hot Commodities.” Speaking in an interview with Barron’s magazine this week, Rogers stated that he doesn’t see too many investment opportunities and that mounting debt and central bank’s obsession with easy […]
Rand Paul on Fire: ‘How is it conservative to add a $1 trillion expenditure to the federal government?’
Although he has faltered in the three previous Republican presidential debates, the Fox Business Network/Wall Street Journal debate was Kentucky Senator Rand Paul’s moment to shine. Yes, Texas Senator Ted Cruz stepped ahead of Paul on the Federal Reserve (SEE: Is Ted Cruz stealing Rand Paul’s thunder on monetary policy?), Paul had a few of […]
Is Ted Cruz stealing Rand Paul’s thunder on monetary policy?
Kentucky Senator Rand Paul was the one man who was expected to chastize the Federal Reserve, bring monetary policy back to the forefront of the presidential campaign and espouse the virtues of Austrian economics. He is Ron Paul’s son after all. It was just a common expectation. Boy, were we wrong! After last night, Texas […]