By Ben Steverman 23 May 2019 (Bloomberg Businessweek) — Gabriel Zucman started his first real job the Monday after the collapse of Lehman Brothers. Fresh from the Paris School of Economics, where he’d studied with a professor named Thomas Piketty, Zucman had lined up an internship at Exane, the French brokerage firm. He joined a […]
By Peter Sullivan 29 November 2018 (The Hill) – U.S. life expectancy declined in 2017 as more Americans died of drug overdoses and suicides, furthering a troubling trend of declining lifespans not seen in a century, the Centers for Disease Control and Prevention found in a report released Thursday. Life expectancy was 78.6 years in […]
By Cameron Huddleston 8 November 2018(GOBankingRates) – Debt truly is a four-letter word for many Americans. It can lead to stress, sleepless nights and fighting in relationships. It can force you to live paycheck to paycheck and prevent you from getting ahead financially.Because debt is such a widespread problem in the U.S., GOBankingRates set out […]
By John Aidan Byrne 22 September 2018 (New York Post) – Ten years ago, it was too-easy credit that brought financial markets to their knees. Today, it could be a global debt of $247 trillion that causes the next crash. After a decade of escalating US household debt brought on by low wages and the national […]
By David J. Lynch 3 September 2018 (The Washington Post) – Ten years after the worst financial panic since the 1930s, growing debt burdens in key developing economies are fueling fears of a new crisis that could spread far beyond the disruption sweeping Turkey. The loss of investor confidence in the Turkish lira, which has […]
By Steven Pearlstein 27 July 2018(The Washington Post) – Like most people, you probably assume that the level of lending done by banks at any moment is largely driven by how much demand there is from borrowers. But in the world of modern finance, that’s only part of the story. For just as important is […]
By Nathan Brooker 14 March 2018 (Financial Times) – In the stormy spring of 2008, the UK’s worsening property downturn was yet to hit Sloane Street in central London. A full year after the start of the credit crunch and the run on Northern Rock — which started a slide that would see more than 20 […]
By David Lawder; Editing by Marguerita Choy 5 October 2016 WASHINGTON (Reuters) – The world is swimming in a record $152 trillion in debt, the IMF said on Wednesday, even as the institution encourages some countries to spend more to boost flagging growth if they can afford it. Global debt, both public and private, reached […]
By Anne Amnesia 10 May 2016 (More Crows Than Eagles) – […] See any overlap? I do. AIDS generated a response. Groups like GMHC and ACT-UP screamed against the dying of the light, almost before it was clear how much darkness was descending, but the gay men’s community in the 1970’s and 80’s was an […]