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Serious Delinquency Rates For Student Loans Remain High

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from the St Louis Fed

Serious delinquency rates [1] for auto and student loans both rose during the recession. However, only the rate for auto loans hit a peak and fell, according to the most recent issue of In the Balance.

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What We Read Today 27 May 2016

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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 more features, analysis, studies, and news published in the last week

Asteroid Defense And Types Of Public Goods

from the Richmond Fed

-- this post authored by Tim Sablik

In 1908, an asteroid roughly 60 meters in diameter exploded over Siberia with a force a thousand times more powerful than the nuclear bomb dropped on Hiroshima. Fortunately, the event occurred over a largely uninhabited forest; had it happened above a major city, the losses would have been catastrophic.

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Infographic Of The Day: Best Bike Cities In The US

Seattleites looking to hop on their bikes for National Bike to Work Week are in luck: The city ranks as the No. 1 bike city in the U.S. followed by Portland and San Francisco, according to a Zillow analysis.

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Video of the Day:

Make a tiny solar car for about $1. Easy and fun!


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The Platinum Doubler Of The Year, Courtesy Of Gold?



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Martin Feldstein On Government Debt Does Not Make Sense

from Dirk Ehnts, Econoblog101

This is from his article at Project Syndicate:

In the United States, the Congressional Budget Office estimates that the federal government debt doubled over the past decade, from 36% of GDP to 74% of GDP. It also predicts that, under favorable economic assumptions and with no new programs to increase spending or reduce revenue, the debt ratio ten years from now will be 86% of GDP.

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 USA economy at a glance (boxed items are updates in last 7 days)

20 May 2016: ECRI's WLI Growth Index Unchanged

ECRI's WLI Growth Index which forecasts economic growth six months forward expanded marginally and remains in positive territory for the ninth week - after spending the previous 34 consecutive weeks in negative territory.

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