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The Faux Threat of the Chinese Economy

China has been in the American political discourse quite a bit. Most recently, President Trump spent last year’s campaign saying “(China’s) killing us” economically. As has been the argument among many for awhile, China is outperforming the US with a faster growing economy and a high trade deficit with the US. Indeed, the prediction of the day when China beats the US as THE world superpower has been a belief for quite some time now. Of course, like with many things, the common wisdom that China is on the rise is wrong as mismanagement and corruption have actually started slowing down the Chinese economy which will eventually snuff its predicted superpower status before it ever happens.

"Is the Student Loan Bubble About to Burst?"
"Yes. Yes it is."

Student Loans Are Another Bubble Ready to Burst

If there’s one group of people who are getting a raw deal these days, it’s the young. The unemployment rate among 16- to 19-year-olds is a whopping 19.1 percent, ObamaCare is raising the costs of health insurance for young people by compelling them to subsidize their parents and grandparents, and the current generation of politicians continues to rack up debt that will one day have to be paid for at future generations’ expense.