In the United States, total student debt is more than $1.3 trillion, which is more than auto loans and credit card debt. It’s unbelievable just how much debt students leave university or college with. Of course, blame the government for such excessive costs (SEE: Report: Two-thirds of college seniors graduated in 2011 with $27k in […]
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Report: 78% of jobs added in February were minimum wage positions
Everyone is celebrating because more than 242,000 jobs were added in the month of January as the unemployment rate held steady at 4.9 percent, according to data from the Bureau of Labor Statistics (BLS). Should there be cause for celebration? You decide. Most of the jobs that were created were minimum wage earners. In fact, […]
Jim Rogers warns of 100% probability of U.S. entering a recession in next 12 months
Many bulls will argue that the United States is not headed towards a recession anytime soon. Just as many bears will say that the U.S. is already on the cusp of entering a recession. One contrarian investor is in the latter category. Speaking in an interview with Bloomberg News, Jim Rogers, Chairman of Rogers Holding, […]
5 random things for a Friday (Canada selling its gold, silver sales climbing, Murray Rothbard on taxation)
News Story of the Day: The Canadian government has embarked upon a multi-year strategy to sell of gold in order to hoard other countries’ currencies. Unlike its G7 partners, Canada’s gold reserves have pretty much gone to nothing as of the end of last month. Ottawa currently holds roughly 77 ounces of gold, which is […]
Video: Mitt Romney pummels Donald Trump in speech
Two-time presidential candidate and former Republican Massachusetts Governor Mitt Romney delivered a speech Thursday that was pretty much an all out assault on Donald Trump. Romney urged all GOP voters to opt for John Kasich, Marco Rubio and Ted Cruz instead of Trump. This is a huge story for both Trump and the Republican Party. […]