Federal Deficits Are Worse Than You Think

via Mark Brandly Voters tend to be rationally ignorant. Since a single vote does not matter, for most potential voters, the cost of being politically well-informed is greater than the benefit of being knowledgeable about political affairs. Therefore, it’s rational for most …

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Subprime 60 Day Late Worse than 2008-09

Authored by Adem Tumerkan via Palisade Research, Last week, used car prices had their biggest drop since 2009 – directly after the financial market meltdown of 2008. And right now, the auto market is showing signs of incredible worry. Delinquent subprime auto-loans are higher …

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