Mortgage Debt Continues to be a Drag on the Economy
The Federal Reserve Bank of New York released itsHousehold Debt and Credit Report for Q4 2014. One key chart is the percentage of...
Number of Auto Loans Surpass Mortgage Loans
The Federal Reserve Bank of New York released its Household Debt and Credit Report for Q4 2014. The results are unsurprising: more debt...
Some Ugly Truths About the Bank Bailouts
131 banks in America are still in the Troubled Asset Relief Program, and, according to this article and the report of the Special...
The Higher Education Bubble (Part 4)
Why Business Owners Should Care About the Dangers of Student Loan Defaults Part 4: If institutions fail, the economic impact spreads...
The Higher Education Bubble (Part 3)
Why Business Owners Should Care About the Dangers of Student Loan Defaults Part 3: Rising tuition caused by easy access to student loans...
The Higher Education Bubble (Part 2)
Why Business Owners Should Care About the Dangers of Student Loan Defaults Part 2: The default rate on student loans is understated, and...