(LewRockwell.com) We can learn a lot from the Argentines. When it comes to messing up an economy, they’re Numero Uno. They’re Olympians of financial legerdemain and masters of the old false shuffle. In 2001, the country was deeply in debt. The government was out of money. And the currency was losing value fast. What did [...]
Author Archive
Jim Rogers: Ben Bernanke and the US Dollar
March 5th, 2012 
Elisheva Wiriaatmadja Capital Account talks about Ben Bernanke’s latest comment on the economy and interviews international investor Jim Rogers for his opinion. (Article continues below.)
Why Students are Defaulting on Their Student Loans
March 1st, 2012 Elisheva Wiriaatmadja Collin Eaton said it best in an article in The Chronicle of Higher Education: “As students leave college with more debt and venture into the recession-beaten job market, it’s no surprise that more are defaulting on their student loans.” According to the U.S. Department of Education, the default rate on student loans was 8.8% in [...]
Marc Faber: Gold Will Be Taken by the Government
February 29th, 2012 Elisheva Wiriaatmadja Marc Faber still buys physical gold and warns that at one point the government will take the gold away from physical gold owner as it happened back in the 1970′s. Below is the whole interview with Marc Faber:
Jim Rogers: Warning – Economic Armageddon Coming
February 27th, 2012 Elisheva Wiriaatmadja 
Jim Rogers said to Glenn Beck, “What you should do if you get tired of TV, is to become a farmer. That is where the money is going to be.” On the Glenn Beck show, Jim Rogers explains the difference between a recession, depression and an economic collapse.
Cash Advance Loans on Rise, Play Role in Economy
February 26th, 2012 Elisheva Wiriaatmadja In the wake of two banking scandals – the savings and loan debacle of the 1980s, and the collapse of the housing market bubble more recently – it has become abundantly clear that what we consider to be legitimate forms of lending quite often fail to live up to those expectations. In contrast, the oft-maligned [...]
Three Crucial Questions College Students Have About Credit — Answered!
February 25th, 2012 Elisheva Wiriaatmadja All too often college students unintentionally destroy their credit with irresponsible spending habits. As a recent college graduate, I know that credit is, unfortunately, something most college students know little about. Even though many students might not be particularly interested in the topic, they should still have the answers to three key questions about their [...]
Posted in Private Student Loans 
Tags: credit cards, student credit cards, student loans 
No Comments »Marc Faber: Living Standard Gone
February 23rd, 2012 Elisheva Wiriaatmadja Marc Faber talks on Yahoo Finance, “One day we will notice that the standards of living have really gone down, and the employment situation won’t improve.”
David Walker: The Economic Prophet Everybody Ignored
February 21st, 2012 Elisheva Wiriaatmadja 
4 years ago, David Walker, at the time the US Comptroller General of the Government Accountability Office (GAO), warned the US government about the financial cancer that had been eating up the country. At the time he was like an Old Testament ignored prophet trying to wake people up and warn them of the coming financial [...]
Debt From Student Loans Affects Home Buying, Regardless of Earnings
February 21st, 2012 Elisheva Wiriaatmadja (NextStudent.com) Even when college graduates are doing everything right, student loan debt is still proving to be a major impediment to achieving financial milestones like home ownership. Take the case of Roshell Schenck. Schneck, 28, is a 2008 graduate of Lake Erie College of Osteopathic Medicine in Erie, Pa. She has a PhD in pharmacy [...]
