Swedish college students still graduate with a ton of debt.
Colleges and universities in Sweden are free. But students there still end up with a lot of debt. The average at the beginning of 2013 was roughly 124,000 Swedish krona ($19,000). Sure, the average US student was carrying about 30% more, at $24,800.
“Colorado has developed into a state that every investor should watch.”
Silicon Valley is no longer the only option for entrepreneurs. Burgeoning tech hubs like Seattle, Boulder, Austin and Denver offer a strong community, tax breaks, and a lower cost of living.
The most important reason why we rank so poorly is the increase in single mothers who face an extraordinary burden relative to their overseas counterparts.
If you listen to the leaders in the United States this is the greatest country in the history of everything. But, if you read international surveys the U.S. is a disgrace among developed countries. The health care system is famously expensive and inaccessible. The education system is broken. And the income inequality, it’s just famous.
A house call is done from the comfort of your home combined with the personal attention of your doctor. There are two key words here that really drive the point home–home and your. Your doctor provides care in your house. The house call is also, in many ways, a reflection of things past. Today, healthcare has eliminated the ‘luxury’ of this type of intervention leaving patients and caregivers to languish in the germ-fill waiting rooms of physician offices, hospitals and medical clinics.
The rich got richer, and the poor kept on getting poorer.
In 2010, Zero Hedge started an annual series looking at the (re)distribution in the wealth of nations and social classes. What they found then (and what the media keeps rediscovering year after year to its great surprise) is that as a result of global central bank policy, the rich got richer, and the poor kept on getting poorer, even though as they predicted the global political powers would, at least superficially, seek to enforce policies that aimed to reverse this wealth redistribution from the poor to the rich (a doomed policy as the world’s legislative powers are largely in the lobby pocket of the world’s wealthiest who needless to say are less then willing to enact laws that reduce their wealth and leverage).
Asian Americans are smarter, more successful, and hard-working than anyone else.
Pew Research updated a report last month that details all kinds of impressive statistics about Asian Americans, who overtook Hispanics in 2009 as America’s fastest-growing racial group.
A recent colonoscopy for Deirdre Yapalater’s at a surgical center near her home on Long Island went smoothly: she was whisked from pre-op to an operating room where a gastroenterologist, assisted by an anesthesiologist and a nurse, performed the routine cancer screening procedure in less than an hour. The test found nothing worrisome but racked up what is likely her most expensive medical bill of the year: $6,385.
We have recovered less than half of what we’ve lost in wealth.
Households in the United States lost roughly $16 trillion in net worth since the recession started in 2007. According to the latest Fed data, we regained about $14.6 trillion, or roughly 91 percent, of it. But let’s not break out the champagne glasses just yet.
The real gap isn’t between men and women doing the same job. It’s between the different jobs that men and women take.
Women earn “only 72 percent, as much as their male counterparts” is probably the most famous statistic about female workers in the U.S. But it is also famously false.
Charles Hugh Smith, author of The existing social and financial order is crumbling because it is unsustainable on multiple levels. The central state is not the Millennials’ friend, it is their oppressor.
Congratulations class of 2013: you weren’t the class of 2010.
For most undergrads, college graduation is an occasion to celebrate, but in this economy we know it’s also a time of gnawing, career-oriented dread for plenty others. Even at Harvard, where Oprah is sharing some words of wisdom at commencement this week, just 61 percent of soon-to-be grads told the Crimson that they had an actual job lined up. One in ten said they had no set plans for the future.
We can pity the baby boomer generation, blamed in their youth for every ill and excess of American society and now, in their dotage, for threatening to sink the economy and perhaps Western civilization itself.