“Americans ramped up their borrowing at the end of last year as their confidence improved, posting the largest increase in household debt since before the recession.”
“OWS is going to start buying distressed debt (medical bills, student loans, etc.) in order to forgive it. As a test run, we spent $500, which bought $14,000 of distressed debt. We then ERASED THAT DEBT.”…
Under the current regime, the most effective means of sticking it to the proverbial man would in theory…
by Mike Dang
According to at least one math-doer, Americans have a total of $826.5 billion in “revolving credit”-largely credit cards. The current estimated total of outstanding student loans, both federal and private? $829.785 billion.
by The End of the 00s
Who read Warren Buffett’s homework assignment to the U.S. today, in the Times? Because I am suspicious, I…
There are several metrics one uses to determine the success of a new venture on the web. Page views, user retention, and brand awareness are three of the most common, but there is a lesser known, and harder to quantify, indicator that suggests a new website is coming…