radiowaver

Changing the Nation's Mindset About Housing

These are all very good ideas, but there's no quick money to be made, so they'll never happen. People need to teach their kids economics and finance at home so they won't take the bait on any of these govt-sponsored traps. The schools won't do it. I suspect private schools do, but public schools basically train people to get jobs and get in debt.

The Government's Moral Hazard with Fannie and Freddie

We're reversing roles with China: As they industrialize, we de-industrialize. And as they shed their state-owned companies, our government is building them. In 5-10 years, most of us (the "poorest" 90% of the population) will all have to go to the government to borrow money to pay for things! And that'll probably be everything, like food, clothes, cars, as well as houses.

Wake Up America, You’re Sinking

"it's too difficult for the average person to understand" because public schools won't teach personal finance and money management (except 1 week on computing simple interest in math class)

The Olympiad of Central Banks

Are American products really stealing European market share? Does the US still have enough factories to do that? Or are they really Chinese product with US labels????