What We Read Today 05 February 2013

February 5th, 2013
in econ_news, syndication

Econintersect: Click Read more >> below graphic to see today's list.

The top of today's reading list is an article that says house flippers will stop the housing recovery ......... and the last story is is about a school district can make a $22 million loan turn into $154 million of repayment.

Follow up:

  • The next supermodel (The Economist)  The best political economic model today comes from the Nordic countries.  Hat tip to Russell Huntley.
  • The Master Meme (James Howard Kunstler, Clusterfuck Nation)  You can be sure that when a nation is led by the reality-deficient, unhappy outcomes are a sure thing.
  • School districts pay dearly for bonds (Trey Bundy and Shane Shifflett, San Fransisco Chronicle)  Lenders are not gouging.  Actually they are only getting about 5% average annual interest.  The problem lies in balloon payments with interest payment deferral and 40-year pay-off schedules which makes a $22 million loan eventually cost $154 million.  Hat tip to Public Banking.

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved