ACC Archives

Tag: Debt
The Great College Loan Swindle

We’ve been thinking about this issue for a very long time. One of the most important things we can do is to make student loans more difficult to get. Who gives $75,000 to an 18 year old? That’s just...

The Government Crackdown on Bitcoin

“Governments enjoy a monopoly on money creation and they’re not about to surrender that monopoly to cryptocurrencies like bitcoin.” High risk. High reward. It’s an experiment. A fascinating experiment. Some might get hammered in this experiment. Don’t be that guy....

Kyle Bass Warns “All Hell Is About To Break Loose” In China

China is the Ultimate Crony Capitalist State. Its banks, its energy companies, its construction companies, all the big stuff is dominated by an entrenched post-Mao aristocracy. Prices are obfuscated and graft is widespread – particularly the legal kind. Such a...

The Federal Government’s Student-Loan Fraud

Why is college so expensive? Well, subsidize anything like we have a college education in this country and the price of that thing will rise. It’s not complicated and nothing’s “free.” Read more…

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