Archive for August 10th, 2012
Aug
10
2012
Future U.S. Government Debt Grows $10 Million a Minute: David WalkerPosted by: yahootechticker in Yahoo Tech TickerFollow The Daily Ticker on Facebook! Total public debt — excluding student loan, mortgage and credit card debt — exceeds $15.9 trillion. And that number keeps rising. Lawmakers have intensified their calls for massive fiscal reform, citing ballooning debt loads and unsustainable government spending. The national debt has been growing at a faster rate than [...]
Aug
10
2012
Flood of Foreclosures Could Cause Home Prices to Drop 20%: Gary ShillingPosted by: yahootechticker in Yahoo Tech TickerFollow The Daily Ticker on Facebook! There is a consensus forming that the U.S. housing market may finally be on the rebound. Home prices are up 4-straight months, according to the latest S&P Case-Shiller index and Zillow’s U.S. home value index increased for the first time since 2007 in the second quarter. But Gary Shilling [...]
Aug
10
2012
A College Degree Doesn’t Guarantee a Good Job: Gary ShillingPosted by: yahootechticker in Yahoo Tech TickerFollow The Daily Ticker on Facebook! Anyone who has a kid in college knows that August can be the cruelest month. That’s when the bill for the fall semester is due and usually it’s higher than the bill for any previous semester. Over the past decade college tuition and fees have been increasing much faster [...] |