bubbles
Mitt Romney Bubble Still Intact
Tom Scocca · 09/05/13 10:01AMBubble Watch: Ridiculous Stock Values Edition
Hamilton Nolan · 08/26/13 03:36PMBubble Watch: Desert McMansions Edition
Hamilton Nolan · 08/20/13 11:55AMWhat Is the Next Bubble, and When Will it Pop?
Hamilton Nolan · 08/19/13 11:15AMWoefully underinformed speculators like us regularly prognosticate wildly about where the next economic disaster will come from, in a futile attempt to prepare ourselves for the inevitable anvil of financial doom that always, but always, falls upon the head of the underclass. How long until we all are smashed again?
Warnings of the Next Housing Bubble Have Already Started
Hamilton Nolan · 05/16/13 09:07AMThe College Tuition Skyrocket Is Slowing Down, a Little
Hamilton Nolan · 12/31/12 11:40AMWill 2013 be the year when the student debt bubble pops, raining havoc down upon us all in the form of economic destruction? Eh, who knows. What we do know is that college prices, which have been shooting skyward for many years as institutions reaped every last dollar they could from the public's hope and ignorance, are now slowly—ever so slowly—calming down.
Even the Well-Off Find College Unaffordable Now
Hamilton Nolan · 08/09/12 09:42AMThis WSJ story today on the rising cost of college for the affluent is a cavalcade of shocking statistics about our current student debt crisis: the average price of a four-year college has more than doubled in real terms since 1985; three million households owe $50k or more in student loans, a number that's tripled since 1989, inflation-adjusted. When even the golf course set can't afford college, you know we have a problem.
Government Bravely Urges Everyone Except the Government to Give Student Loan Victims a Break
Hamilton Nolan · 07/20/12 10:35AMThe funniest (meaning "most horrific and devastating") thing about student loans is that, thanks to some nifty lobbying, you cannot get rid of them in bankruptcy. They just stick around like one of the more bothersome STDs no matter how impoverished you become. But that might change, a bit! Which would be major news for you broke, educated people.
It's Time For Another Housing Bubble!
Hamilton Nolan · 07/12/12 01:35PMFilthy Rich Tech Mogul Hosts 'Let Them Eat Cake'-Themed Party Featuring Snoop Dogg
Adrian Chen · 06/19/12 10:12AMThe Facebook IPO Frenzy Turns Depressing
Adrian Chen · 05/15/12 09:41AMPerhaps you've heard that Facebook is going public this week in a massive IPO that values the company at over $100 billion. There's an apocalyptic air about the frenzy to be the first to invest in Facebook, as if this is the last chance we'll ever have to throw our money into an overhyped tech company stock. And here is a story that perfectly captures the dread and sadness I feel when confronted with so many people's boundless money-related optimism.
People Are Taking Out Student Loans to Pay for Kindergarten
Hamilton Nolan · 03/28/12 03:28PMThis qualifies as a bit of a vague, not totally well-established-in-a-statistical-way trend; but the fact that it exists at all for one single person in America is, I believe, newsworthy. Families are taking out tens of thousands of dollars worth of loans in order to pay for private kindergarten for their whelps. That is some fucked up shit.
A Ton of People Don't Understand Their Own Student Loans
Hamilton Nolan · 03/22/12 04:08PMStudent Loan Debt Delinquency Is Much Worse Than We Thought
Hamilton Nolan · 03/06/12 10:10AMThe Insufferable Facebook IPO 'News' Frenzy Begins Tomorrow
Ryan Tate · 01/31/12 10:39PMFacebook will file to go public tomorrow, in case you missed the rolling thunder bombardment of news articles this week, or in the months preceding. There won't be the faintest reason for the average person to care about this IPO until shares actually start selling months from now, but in the meantime you should steel yourself for endless breathless hype pandemonium. Oh, it's going to be awful.