News
Politico | Scrambling for student loan rate fix
The rate for new subsidized loans shot up from 3.4 percent to 6.8 percent on July 1 after divisions among Senate Democrats made finding a solution untenable. Now with the bright lights of the immigration bill off the upper chamber, student loan rates take center stage.
Bloomberg | Losing $317 Billion Makes U.S. Debt Safer for Mizuho to HSBC
The biggest investors in Asia and Europe are keeping their money in Treasuries even after the steepest two-month loss for the securities erased $317 billion of market value.
Market Watch | IMF takes another swipe at U.S. budget cuts
The sequester cuts made in the U.S. federal budget were "inappropriate", as they are likely to stifle, rather than support, economic recovery, the head of the International Monetary Fund Christine Lagarde has said Sunday.
Econ Comments & Analysis
Forbes | Student Loan Debt: Now For The Really Bad News
At this point readers are well aware of the numbers behind student loan debt. As the cost of a college degree has risen, total debt has soared; $1 trillion the latest number.
Real Clear Markets | The Keynesian Fallacy Of 'Unspent' Money
Keynesians act as if money saved is money vanished. In reality, money saved is money lent and spent.
