Peter Zeihan: Europe Goes Nuclear
We’ve got two major developments in Eurasia. We’re talking about Ukraine disabling two ships in the Caspian Sea and Poland getting EU approval to build…
Thought Leader: Peter Zeihan
Plan for college savings
(Original source Baltimore Sun)
“While the event didn’t get the attention it deserved on this side of the Chesapeake Bay Bridge, one of the unsung heroes of the 2008 financial crisis was officially installed as president of Washington College last Saturday. Sheila C. Bair, the former chairwoman of the Federal Deposit Insurance Corporation and one of the few who warned of the subprime mortgage mess before the meltdown devastated Wall Street and the nation’s economy, became the first woman to be inaugurated president of the private liberal arts college on the Eastern Shore.
And appropriately enough, she had a new financial warning to offer.
There’s been entirely too much borrowing going on and too much short-term thinking, and that applies to how baby boomers are paying for their children’s college educations, Ms. Bair told her audience in Chestertown. This is a generation with an “excessive reliance on cheap credit” instead of real wage growth to fuel economic expansion, she said.”
Click here to read more
Relevant and recent posts
Dr. Sanjay Gupta’s Top Health Stories of 2025
From the resurgence of measles to a new way to treat pain, 2025 was a challenge for public health while still offering moments of hope. Sanjay…
Thought Leader: Sanjay Gupta
Ian Bremmer: The state of global conflict in 2025
On GZERO World, Ian Bremmer takes a hard look at the biggest global crises and conflicts that defined our world in 2025 with CNN’s Clarissa…
Thought Leader: Ian Bremmer
