#30 Interest rates are not "artificially" low. They are low because the entire private sector has been in a deleveraging cycle for four years. Everyone wants to save, nobody (including companies) wants to spend to previous levels. With everyone paying down debt at the same time, the demand for money (as reflected in the interest rate) goes down. So no, they aren't "artificially" low - they're low for a very real reason!

As for student loans being a bubble, that's an interesting thought. What would be required for that bubble to burst? I think banks currently have a pretty good handle on the likelihood of student loan default, and they already build in default assumptions into their accounting statements. So under what scenario would this bubble burst?

edit: bluh I can't explain anything

This is just another article written by someone who knows what they don't want but doesn't know what kind of society they actually desire.

http://i.qkme.me/353xnp.jpg

sorry that we can't all be gorgeous like you brad

Interest rates are artificially low. The main purpose of the zero interest rate target on fed funds and the quantitative easing program itself is to help put downward pressure on interest rates. If the low rates are natural why on earth is the fed taking these extraordinary measures?

I don't think most banks even carry student loans on their books, isn't it mostly government run now? I think federal loans account for the vast majority of loans now...so maybe banks get juicy commision but the liability is on us :)
Student loans are handed out like candy without any regard for the possibility of the person to pay it back. There's people getting 100k in approved student loans for liberal arts educations...I mean come on.

Here's one article that touches on the potential problem.
http://www.forbes.com/sites/greatspeculations/2012/06/04/student-loan-bubble-sets-up-to-be-subprime-disaster-part-deux/2/

Should let things fail without bailing them out. Should stop regulating small business. Should drill our own natural resources (force chinese kids to do it for a loaf of bread, like mr. slin). Should lower taxes on small business, Should shoot all the pesky red people with feathers in their hair swinging hatchets and shooting bows and arrows and smoking their pot. Hold the rest of the world hostage by threatening to blow up the moon with trident missiles. Demand 5.47$ worth of tribute from every human being on the planet every day, for 1 year, and we will cure our 14 trillion dollar debt.

plan for america

just get rid of the fucking retarded cap on the payroll tax

whoops, social security now solvent again, how difficult

I just did a quick google search to make sure the payroll tax cap was what I thought it was. I thought I knew it but then I said to myself, there's no way people could be that stupid! Sure enough, for every dollar of income over $106,800 you don't pay any social security tax. Who the hell thought that would be a good idea???

-remove payroll tax cap
-increase capital gains taxes/
-increase property taxes on extremely expensive real estate
-please don't get rid of the estate tax again
-make a "millionaire tax"

fuck supply-side economics

this has been your Minute with Mustard (tm)

Does social security funding draw it's money solely from social security tax, or do those who pay a higher percentage and get exempt from the ss tax also contribute becuz the gov just funds it with available money anyway?

http://en.wikipedia.org/wiki/Nordic_model

internet too negative and liberal :p

http://www.amerika.org/politics/futurist-traditionalism/

tl;dr kill all the jews

correct

the nordic model is great if you happen to have a population of 13 million people with an infinite supply of oil

they should print more money so the economy can be goodest and people will have more cents.

http://en.wikipedia.org/wiki/Libor_scandal

also fuck baby boomers