In a previous post, we took a look at why new and recent college graduates saddled with student loans are wary of taking on the traditional debts of adult life: car loans and mortgages. Now, a closer look at the financial habits of the people known as “Generation Y”...
Student loan debt may the next bubble waiting to burst – with potential repercussions for many other areas of the economy, particularly housing. Although new and recent grads are playing a large part in the rising rental demand, the student loan debt they’re carrying...
Most people noticed when the bureau of economic analysis released GDP growth numbers for Q4’10 of 3.2%. What most people have not noticed is a rise in the level of national affluence. There appears to be a disconnect that is growing between the numbers that are...
After a week of violence and terror that paralyzed the city of Boston and riveted the country, officials are calculating the true toll of the bombings at the Boston Marathon – a cost measured not only in loss of life but in economic terms. But unless the bombings are...
Jason Hartman and John Rubino of DollarCollapse.com tackle the latest hot EU issue happening in Cyprus with the potential implosion of the Cyprian banking system. John discusses what is on the table to bail out Cyprus and the consequences of any deals reached. He also...
It’s been nearly four years since a group of the nation’s largest mortgage lenders agreed to a settlement in lawsuits charging them with fraud, wrongful evictions and other abuses in the “robosigning” scandal of 2008-9. Now, according to a New York Times update,...
Staying out of debt has long been the standard for responsible money management. For generations parents have drummed that into the heads of their irresponsible offspring: pay your bills on time and repay what you owe. But in today’s financial climate, not paying off...
“Owning a home is the keystone of wealth, both financial affluence and emotional security,” says financial guru Suze Orman. But as American ages, suffers financial instability and becomes more diverse, the definition of “home” is changing – and that creates new...
Good as gold, the saying goes. But – no so much these days? The price of gold continues to fall, reaching its lowest levels in over two years, a drop that’s causing chaos in money markets around the world. The plummeting price of gold comes as the Federal Reserve...
Jason Hartman is joined by Jim Rogers, who is returning to the show a second time, to talk about Jim’s thoughts on several issues. Jim discusses the possibility of a major correction in the gold market, cautioning that it is not normal to have so many speculators...
