The US federal government has borrowed more than all corporate and industrial loans, mortgages, student debt, consumer debt, and the entire US corporate bond market combined
Much has been made of the influx of foreigners buying real-estate in America’s largest and most expensive cities (here). While this has kept high end real-estate prices in the most […]
Ireland pays $2,400 per person per year to service its debt, or $9,600 per year for a family of four. Not far behind, Greece pays about $7,600 per family of four to service its debt. That amounts to 41% of the average household income in Ireland and Greece
For those looking for an elegantly simple explanation of the modern credit economy and why it has cycles, I strongly recommend watching the following video from Ray Dalio. The video […]
Who is paying the most to be in the EU and how much does it cost per person?
Between 2007 and 2015 rent increased 4.1% while incomes only increased 2.6%.
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Submitted by Taps Coogan on the 9th of March 2017 to The Sounding Line. “Entitlement spending has increased from 9% of government revenues in 1952 to a whopping 73% in […]
Submitted by Taps Coogan on the 8th of March 2017 to The Sounding Line “5% of patients account for over 50% of all healthcare costs” Republican lawmakers in the House […]
The following interview is with author, essayist, and risk analyst Nassim Taleb. Taleb is known for several best selling books including: Fooled by Randomness, The Black Swan, and most recently Antifragile. […]