tag:blogger.com,1999:blog-34323687.post2746739673804177640..comments2024-03-29T09:24:42.731+00:00Comments on Macro Man: The student loan debacleMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger41125tag:blogger.com,1999:blog-34323687.post-58791769908090578342020-02-14T13:40:12.159+00:002020-02-14T13:40:12.159+00:00StudentBackr: The first crowdfunding platform just...StudentBackr: The first crowdfunding platform just for students. For more info please visit <a href="http://www.studentbackr.com" rel="nofollow">Loans for masters degree students</a>Students Funding Englandhttps://www.blogger.com/profile/12612144342120996797noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-66585652308257011352019-10-10T12:14:52.367+01:002019-10-10T12:14:52.367+01:00Thanks for the post would like to know more on
Ed...Thanks for the post would like to know more on <a href="https://www.auxilo.com/education-loan/studying-in-abroad-loan/" rel="nofollow"><br />Education Loan For Studying Abroad</a>.Subhajit Royhttps://www.blogger.com/profile/12641782784323167179noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-59156434531787192612019-03-30T06:41:57.140+00:002019-03-30T06:41:57.140+00:00Nice and interesting information and informative t...Nice and interesting information and informative too.<br />Can you please let me know the good attraction places we can visit: <a href="http://www.avanse.com/education-loan" rel="nofollow">Education Loans</a>shanayahttps://www.blogger.com/profile/14213456915518554067noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-52168514333429556962018-10-11T11:17:19.612+01:002018-10-11T11:17:19.612+01:00Thank you for sharing such great information. It h...Thank you for sharing such great information. It has help me in finding out more detail about <a href="https://www.british-lenders.uk" rel="nofollow">Loan</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-85258686788490178422018-10-05T11:04:11.570+01:002018-10-05T11:04:11.570+01:00Much obliged to you for sharing such extraordinary...Much obliged to you for sharing such extraordinary data. It has help me in discovering more insight about<a href="http://www.avanse.com/education-loan-calculators/emi-calculator" rel="nofollow">Education Loan For Students</a>Anonymoushttps://www.blogger.com/profile/15942174299682886798noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-5660553771043516882018-09-27T14:36:49.912+01:002018-09-27T14:36:49.912+01:00Thank you for sharing this information it has help...Thank you for sharing this information it has helped me to know more about <a href="https://www.auxilo.com/education-loan/" rel="nofollow">Education Loan In India</a>Anonymoushttps://www.blogger.com/profile/11466546211961535814noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-75926453217259029482018-08-23T13:43:14.945+01:002018-08-23T13:43:14.945+01:00Thanks for sharing also check on Education Loan El...Thanks for sharing also check on <a href="https://www.incred.com/education-loan.html" rel="nofollow">Education Loan Eligibility</a><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-89133154633290892902018-08-13T11:25:47.868+01:002018-08-13T11:25:47.868+01:00Thanks for the sharing the post, quite informative...Thanks for the sharing the post, quite informative. Could you elabroate more about <a href="http://www.avanse.com/education-loan" rel="nofollow">Education Loan For Students</a><br /> ,how it works and so. <br /><br /><br /><br />Anonymoushttps://www.blogger.com/profile/08413804690581289728noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-67155198334098703152016-09-26T10:53:03.881+01:002016-09-26T10:53:03.881+01:00UK ~£50k student loans interest rates:
While stud...UK ~£50k student loans interest rates:<br /><br />While studying: RPI + 3% (3.9% for 15/16, 4.6% for 16/17).<br />Afterwards: RPI where earning < £21k, on sliding scale up to RPI + 3% where earning > £41k.<br /><br />But the financialisation of kids' education is ok because the debt's written off after 30 years... Meanwhile 30y gilts are @ 1.4%.northshorenoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-83254913222343108992016-09-26T08:19:18.052+01:002016-09-26T08:19:18.052+01:00"The Chinese are all retarded."
Really&q..."The Chinese are all retarded."<br />Really"<br />Intuitively they appear to be the most numerate race on the planet and if that is insufficient to question the statement then they also appear to be strategically advanced. That is not to say they do not carry the same psychological 'blindspot's' common to the species, they do. In summary though I think they play the long game very well.checkmatehttps://www.blogger.com/profile/03688082792316894545noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-49694523473308649452016-09-26T07:40:47.860+01:002016-09-26T07:40:47.860+01:00The Chinese are all retarded. I'm making popco...The Chinese are all retarded. I'm making popcorn, ready to sit back, watch and enjoy when their entire country implodes. Can't wait.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-33708630824053603352016-09-26T01:54:42.566+01:002016-09-26T01:54:42.566+01:00Chinese housing market frenzy: shocking scene at t...Chinese housing market frenzy: shocking scene at the opening of a new real estate in Hangzhou ... <br /><br />http://en.people.cn/n3/2016/0926/c90000-9119558.html<br /><br />"Surveillance camera caught the shocking moment a new real estate development in east China's Hangzhou city opened for sale on September 24. The spree was prompted by new restrictions on Monday which prevent people born outside Hangzhou from buying more than one property. The said real estate was sold out in a mere couple of hours, according to reports from local media. Hangzhou is the latest in a series of Chinese cities to introduce property curbs in a bid to deter speculators and cool the market, which has reported rapid price increases in recent months."Gushttps://www.blogger.com/profile/05716889492671161586noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-9439007346484582232016-09-25T22:02:07.312+01:002016-09-25T22:02:07.312+01:00@ Siesta
I've a place in the UK you could use...@ Siesta<br /><br />I've a place in the UK you could use to get the kids into uni<br /><br />We could come to an arrangement<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-91733704271821378362016-09-25T14:31:44.629+01:002016-09-25T14:31:44.629+01:00Lower interest rates justify higher ratio of educa...Lower interest rates justify higher ratio of education cost relative to earnings, as the debt servicing becomes easier. <br />On the other hand, real interest rates are not lower, only nominal, so that may be a problem if deflation takes hold.thetanoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-44927290479090953332016-09-25T12:28:01.475+01:002016-09-25T12:28:01.475+01:00more on Japanese demographics
44% of the 18-35 ye...more on Japanese demographics<br /><br />44% of the 18-35 year old tranche declared to be virgin<br /><br />they should all get internship in AfricaNicohttps://www.blogger.com/profile/06532015745155347229noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-47783476140609094002016-09-25T10:04:43.771+01:002016-09-25T10:04:43.771+01:00Weekend News:
Merkel Rules Out Bailout For Deutsc...Weekend News:<br /><br />Merkel Rules Out Bailout For Deutsche Bank: Depositor Bail-In Coming Up...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-24681616260990847682016-09-25T05:32:45.777+01:002016-09-25T05:32:45.777+01:00"On purely economic reasons mass immigration ..."On purely economic reasons mass immigration and H1B visas are clearly damaging to the US"<br />Please tell Obama and the American administration ,because strangely enough they didn't seem to mind any of that when they strongly advised the UK to stay within Europe. Can we spell hypocrisy?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-47156979233104183552016-09-25T00:24:43.029+01:002016-09-25T00:24:43.029+01:00@Flowthrough, this will have an impact: https://fr...@Flowthrough, this will have an impact: https://fred.stlouisfed.org/graph/?g=7piawcwhttps://www.blogger.com/profile/16307608293310560164noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-28424914993795155812016-09-24T23:19:45.074+01:002016-09-24T23:19:45.074+01:00ok so what's your point? Forgive all student ...ok so what's your point? Forgive all student in the name of "growing the economy"? What about the people who paid their own way? parents who saved? People who didn't go to college? How will we pay for all that free college? Increase taxes? Do you actually think that will stop the growth in the cost of college? How about all the people who will try to go to college that wouldn't have otherwise(cost increase)? Implying free college and forgiving student debt is somehow a good thing is absolutely insane.<br /><br />P.S. for those of you who actually think H1B visas(highly skilled immigrants) have kept the U.S. afloat are grossly misled. They take jobs from Americans and keep wages down. Sure it helps quicken innovation but it makes it tougher 1) for an American to become employed (pay back loans quicker/sooner), 2) to get a raise (pay loans while consuming other goods). At my company we hired someone on a H1B visa. Sure he's qualified but he got the job over an American. That American very well could have done the job if given the chance and training. <br /><br />On purely economic reasons mass immigration and H1B visas are clearly damaging to the US. This doesn't even delve into the cultural aspect of how people of different races, religions, and beliefs change(for the worse) our neighborhoods, communities, political systems, values, and beliefs. The fallacy of multiculturalism, diversity, and globalization needs to be upended. Ever wonder why we were such a successful country in yesteryear? Look at the demographic shift.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-64082935082346392802016-09-24T17:59:17.220+01:002016-09-24T17:59:17.220+01:00Macro Man, I enjoy you blog and thank you for bein...Macro Man, I enjoy you blog and thank you for being polite. I have been wrong before and no doubt will be wrong again.<br />But let's combine some numbers. 43 million Americans have student loans. <br /><br />Per my numbers, 16.77 million have loan balance under $10,000. So while not great, this small a balance is unlikely to impact them in a meaningful way. Agree?<br /><br />12.04 million have balance between $10,000 and $25,000. I would argue that within this group, the student loans are an inconvenience, and may impact day to day expenditures, but not major events. Now I think within this group it is fair to disagree, and if you do, it is fair to argue that student loans are a problem for the economy as a whole.<br /><br />You are now left with 14.19 million (and note this includes 7.74 million with under $50,000). Almost 1/2 of those are in default and have not made a payment in over a year (based on Anon 3:22). Note, I have assumed most of those in default have a loan balance over $25,000. My guess is that is not far off the mark.<br /><br />Now those in default do not have their expenditures reduced, but may be cut off normal credit. But as with many things, I am sure most find a way around these problems.<br /><br />So around 7 million have large loan balances and are not in default. A bit more than 2% of the population. Of that group, you have some working for government or non profits with income based payments and forgiveness after 10 years. And you have some doctors and lawyers (both law school and medical school are very expensive) who are able to make their payments and afford a reasonable lifestyle.<br /><br />So I think we are talking about something impacting in a major way far less than 2% of the population. Now again, on an individual level it is truly a tragedy, and often those impacted are those from modest means whose parents did not go to college and were unable to advise them. Just not sure the overall impact on the economy is that great.Flowthroughhttps://www.blogger.com/profile/15148652861530523764noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-13340471121911318482016-09-24T15:30:32.066+01:002016-09-24T15:30:32.066+01:00meanwhile in China nothing to see
The BIS is righ...meanwhile in China nothing to see<br /><br />The BIS is rightly concerned about spillover from China to the global economy. After noting that outstanding loans in China have reached $28 trillion – as much as the commercial banking loan books of the US and Japan combined – Ambrose adds, “The scale is enough to threaten a worldwide shock if China ever loses control. Corporate debt alone has reached 171pc of GDP, and it is this that is keeping global regulators awake at night.”<br /><br />Total Chinese debt reached 255% of GDP at the end of 2015, a jump of 107% in the past eight years – and still rising fast. Every year, China’s leadership promises to rein in debt growth, and every year the growth just keeps accelerating. That is because China’s GDP growth is fueled by debt, and that debt is becoming increasingly inefficient in producing GDP.Nicohttps://www.blogger.com/profile/06532015745155347229noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-4629762975446321142016-09-24T03:13:11.161+01:002016-09-24T03:13:11.161+01:00"THE STUDENT LOAN DEBACLE"
Cheer up!..M..."THE STUDENT LOAN DEBACLE"<br /><br />Cheer up!..Macro Man. All's not lost. This week spelled out that the Fed chairwoman and Boj chairman are still having fun implementing low rates and accommodating measures. <br />And in another 30 years from now the central banks may well be still using low rates...seriously doubt that, but..years from now their respective stock markets that they'll eventually leave behind will have telling features embedded within it expressing a financial behaviourism that will be studied and followed for years to come. <br /><br />And just maybe..the central bankers will be still singing "we'll still the one....we're still having fun" <br /><br />https://www.youtube.com/watch?v=1WUP7q0dUCMamplitudeinthehousenoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-41963561194662675622016-09-23T21:56:27.555+01:002016-09-23T21:56:27.555+01:00Siesta - this is going back nearly a decade now bu...Siesta - this is going back nearly a decade now but I, too, am/was a pondhopper and certainly had not lived in the UK the three years prior to uni but managed to talk my way into home fees (3k in those days!)<br /><br />Definitely worth making the effort to go to the interviews etc and discreetly see what's what.yassanoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-78001075692142274412016-09-23T20:15:47.137+01:002016-09-23T20:15:47.137+01:00http://www.trendfollowing.com/2016/03/03/ep-429-ji...http://www.trendfollowing.com/2016/03/03/ep-429-jim-rogers-interview-with-michael-covel-on-trend-following-radio/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-12242988346686178942016-09-23T17:21:01.246+01:002016-09-23T17:21:01.246+01:00Have you all considered to send your kids to China...Have you all considered to send your kids to China if you are desperate enough?<br /><br />It should be quite easy to get into the top three universities (Tsinghua, Peking, or Fudan) as foreign students? And the scholarship for international students in China is quite easy to get as well. Even without the scholarship, it is much cheaper compared to US/UK. <br /><br />I know many people do not trust the quality of Chinese high education. But consider this, a huge potion of undergraduate students in STEM in those top Chinese universities will get right into the top graduate programs in the US with scholarship/assistantship after 4 years of undergraduate study. So the classmates' quality is pretty close to the top rank anywhere. <br /><br />The downside will be that drug is not that easy to get in Chinese campus and there is really no football or baseball games and any top sport games to watch. But upside is that you will have your retirement money saved! Anonymousnoreply@blogger.com