Everyone knows american are swimming in credit card debt. But just this year a new debt has quietly surpassed our consumer spending addiction.
Student loan are now at $829 billion and the following protections have been removed from students loans. Statute of limitations on collections, truth in lending act, fair debt collection practices act, the right refinance, adherance to state usury laws.
The hardest collection methods are reserved for student loans. If you miss a few payments and can be subjected to wage garnishment without a court order and suspension of state professional licences.
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USA and China Trade Relationship
China and USA Trade relationship across the globe are getting stronger than we expected.From Us, there are $337.8 billion. That includes in their top 5. Apparel and footwear, computer and parts, toys and bicycles, televions and furnitures. While in china its only $71.4 billion and includes in it are soybeans, semiconductors, civilian aircraft, plastic materials and copper.You can also see here how...
China and USA Trade relationship across the globe are getting stronger than we expected.From Us, there are $337.8 billion. That includes in their top 5. Apparel and footwear, computer and parts, toys and bicycles, televions and furnitures. While in china its only $71.4 billion and includes in it are soybeans, semiconductors, civilian aircraft, plastic materials and copper.You can also see here how...
REITs and Utility Companies Yield More than S&P 500
Not all markets are created equal. At least, according to this newest infographic. According to FactSet, over a 20 year average annual total return, which would include capital gains and dividends, REITs or Real Estate Investment Trusts have returned more than the S&P 500. And this gain over the S&P 500 is pretty significant: 4.82% higher gain than the S&P 500. Even more inte...
Not all markets are created equal. At least, according to this newest infographic. According to FactSet, over a 20 year average annual total return, which would include capital gains and dividends, REITs or Real Estate Investment Trusts have returned more than the S&P 500. And this gain over the S&P 500 is pretty significant: 4.82% higher gain than the S&P 500. Even more inte...
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USA vs China in a Chart
Initial public offerings, a measure of china's financial strength, hong kong and shanghai are now global leaders supplanting new york. by virtues of this holdings, china has become america's biggest foreign lender. no country has ever loaned another so much money.Nor has any held so much reserves.
Initial public offerings, a measure of china's financial strength, hong kong and shanghai are now global leaders supplanting new york. by virtues of this holdings, china has become america's biggest foreign lender. no country has ever loaned another so much money.Nor has any held so much reserves.
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Visual Guide to Inflation
Inflation can be complicated, it is when stuff costs more.When inflation is often villified, it is more complicated that that. That is generally the case, although there are other indices being measured as well.So, do you think inflation is bad? It can be bad, but it depends on the situation. inflation workds to out advantage, but too much inflation cant be good.
Inflation can be complicated, it is when stuff costs more.When inflation is often villified, it is more complicated that that. That is generally the case, although there are other indices being measured as well.So, do you think inflation is bad? It can be bad, but it depends on the situation. inflation workds to out advantage, but too much inflation cant be good.
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Rise of the Yen
The strength of the yen has been one of the hottest topics in the tokyo summer, with the authorities last week stepping up verbal intervention after the currency hit a 15 year high againts the dollar.The yen's strength did not damage Japans april-june economic growth as the currency remained weaker than Y90.But the yen factor is not all bad for the economy. Half of japans exports to china are invo...
The strength of the yen has been one of the hottest topics in the tokyo summer, with the authorities last week stepping up verbal intervention after the currency hit a 15 year high againts the dollar.The yen's strength did not damage Japans april-june economic growth as the currency remained weaker than Y90.But the yen factor is not all bad for the economy. Half of japans exports to china are invo...
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How the US Dollar Changed Between 1800-2009
In 1800-2009 dollar showed a lot of changes.Start with the value of the us dollar in year 1800. this chart tracks relat ive value of the dollar with $1 in 1800 as its baseline.After the war during 1812, the next 35 years of relative peace saw a period of unprecedented growth in production and as a result a currency which had more than doubled in purchasing power by 1850.From 1861 to 1865, the unit...
In 1800-2009 dollar showed a lot of changes.Start with the value of the us dollar in year 1800. this chart tracks relat ive value of the dollar with $1 in 1800 as its baseline.After the war during 1812, the next 35 years of relative peace saw a period of unprecedented growth in production and as a result a currency which had more than doubled in purchasing power by 1850.From 1861 to 1865, the unit...
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