Colleges Prefer Funds Over Students

Colleges ask alumni for endowments and other donations. In some cases, the colleges and universities create massive investment portfolios. Ostensibly, Continue reading →

Dreading Deflation

Deflation is worse than inflation, and while increased money supplies may fuel inflation, increasing debt and shifts in financial practices Continue reading →

Puerto Rican Problems Worsen

As if being in default wasn’t bad enough for the Puerto Rican government, people are moving from the island because Continue reading →

Government Stimulus Dialed Down

In response to The Great Recession, federal and state spending, as well as buyouts and such, ramped up to create Continue reading →

Puerto Rico In Default

Puerto Rico can’t pay its bills. It officially has missed a debt payment of $58M on debt of $72B. The Continue reading →

Data That Matters July 2015

US wages rose 3.3%. Humans can lay bricks at 700/hr. Robots, 1,000/hr. Americans turning away from owning homes as only Continue reading →

Government Financial Crises Common

We treat the economy as something that moves along steadily with occasional interruptions. Look at the history of economics and Continue reading →

Greece In Only One Of Many

Greece is capturing the attention of a lot of the world’s financial news. Greece, however, is not alone. At least Continue reading →