#Debt

James Surowiecki

JamesSurowiecki

1. Progressives get understandably annoyed when ppl arguing that ordinary Americans are really well-off use mean income numbers rather than the median, since rich people's incomes skew the mean upward.

David Andolfatto

dandolfa

What's wrong with this article? "Financial repression is seen as a strong option for paying down debts accumulated by governments during the pandemic, but it isn’t without its costs and

Adem Tumerkan

RadicalAdem

*A fundamental problem is that the modern financial system (post-70’s) inevitably creates debt in excess amounts that doesn’t fund productive investment - but consumption or purchases of already existing assets

Karen F

UnseelieMe

Hubs: I dont agree with paying off student debt.Me: Why?H: I paid off my debt.Me: Okay. Math & economics lesson! What was your debt? Mine was $12K.H: $30KMe: What did

AJ Osborne

AjOsborne1

Lowering risk in real estate investing. The first is capital risk ( the money you put in ) the second is debt ( the money you owe ) the third

Anne Helen Petersen

annehelen

I have spoken to a number of people applying to grad school right now out of fear and desperation and lack of any apparent alternatives. I get it, I really

Rand Ghayad رند غيّاض

RandGhayad

#CurrencyBoards: 1. A currency board won't save the Lira, contra to what some people are claiming. Government debt is the problem. Simply put, a currency board run by an insolvent

hannah anderson

sometimesalight

I imagine there are lots of legitimate reasons to oppose student loan forgiveness, but "I worked hard to pay mine off so you should too b/c if you don't what's

Fraser Munro

Fraser_ONS_PSF

Removing Bank of England’s contribution to net debt (mainly quantitative easing activities) reduces it by £233.9 bn (or 11.1 percentage points of GDP) at the end of November 2020 –

Captain Awkward

CAwkward

The whole time I watched both NXIVM cult docs, my brain held two simultaneous truths. 1. Wow, I would never fall for a scam like that! 2. Then I'd remember

A. H.

a_h_reaume

So. Student debt cancellation financially helps EVERYONE. It’s better than trickle down. It’s trickle UP. Here’s why: when you have a demographic that is heavily indebted their extra money goes

College Wealth | Micah

college_wealth

Did a thread on $T last week But what about their biggest competition $VZ (Verizon)?Here's my comparison of $VZ to $T and why you might want to hold it instead(THREAD)

Sven Henrich

NorthmanTrader

Wilbur Ross stated this week the US deficit will reach $3.5T next year on top of the $3.1T this year, bringing US debt to over $30T.US debt reached the $1T

TheValuesVoter

TheValuesVoter

The TEA Party movement was inspired by a rant from Rick Santelli in 2009 and was supposed to be about lowering taxes, spending and the national debt. It influenced elections

Brett Walton

waltonwater

There are some numbers going around about Americans at risk of utility disconnection, and I want to add a note of caution about interpreting those. CNN has a shocking headline

Dr. Michelle Rodrigues 🐒

MARspidermonkey

I am luck and privileged enough that I do not have student debt. But I still support loan forgiveness, because it’s an unfair burden, and predatory industry, that hinders people’s

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