The Student Loan Debt Time Bomb | Economy Watch
Thursday, April 5, 2012
The Student Loan Debt Time Bomb
Student debt is growing at an alarming rate. At the end of 2011, total student loan debt crossed the $1 trillion mark, a level that is higher than the sum of all credit card debt in the United States. Already, this category of debt has been likened to the subprime crisis, raising worries that a potential delinquency crisis could find its way into the wider economy. More...
The Student Loan Debt Time Bomb | Economy Watch
The Student Loan Debt Time Bomb | Economy Watch
Wednesday, April 4, 2012
Essay written by Barack Obama while he was a student at Columbia University.
Obama published an article in a school magazine called the Sundial. It was published in the issue dated March 10, 1983. Written just months before Obama graduated, this is not exactly his best work, but it offers a new glimpse of his very conventional campus liberalism of the time. The article is a warm review of two campus groups, Arms Race Alternatives and Students Against Militarism. CLICK on the TITLE to view the full article originally published in politico.com....
Tuesday, March 27, 2012
Quants: The Alchemists of Wall Street
Quants are the math wizards and computer programmers in the engine room of our global financial system who designed the financial products that almost crashed Wall st. The credit crunch has shown how the global financial system has become increasingly dependent on mathematical models trying to quantify human (economic) behaviour. Now the quants are at the heart of yet another technological revolution in finance: trading at the speed of light.
What are the risks of treating the economy and its markets as a complex machine? Will we be able to keep control of this model-based financial system, or have we created a monster?
A story about greed, fear and randomness from the insides of Wall Street.
Director: Marije Meerman
Research: Gerko Wessel
Thursday, March 22, 2012
'Pendulum,' Japanese Animation, Is A Viral Tearjerker (VIDEO)
Japanese comedian Takefumi Kurashina, better known as Tekken (after the video game), recently released an emotional stop-motion animation, "Pendulum." In the four days it's been on YouTube, it's reached nearly 1.5 million hits.
Friday, March 9, 2012
Tuesday, February 28, 2012
Iran is top of the world in science growth
Which country's scientific output rose 18-fold between 1996 and 2008, from 736 published papers to 13,238? The answer – Iran – might surprise many people, especially in the western nations used to leading science. Iran has the fastest rate of increase in scientific publication in the world.More...
Iran is top of the world in science growth - science-in-society - 28 March 2011 - New Scientist
Saturday, February 25, 2012
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