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"Doing Business records all generic procedures that are officially required for an entrepreneur to start up and operate an industrial or commercial business." This really proves nothing. Sure, it's easy to start a business. What percentage of businesses are actually successful? Every...

At this point, the idea of one country being considered a "superpower" is antiquated. Globalization is leading to a decreased standard of living in the present day first world and an increased standard of living in the present day third world. The playing field will eventually be even and every...

All engineering degrees in general are bad degrees to have these days, especially for Americans. She should change her major to environmental engineering. That way, she could make some money off the "green movement".

Not everyone lived that way. In fact, most people didn't. It seems as though those who lived within their means are getting hit the hardest. They can't just declare bankruptcy and walk away like everybody else.

The so called "depression" has just begun. It's nowhere near as bad as it will be in a few years. Just give it time. In the 70s, higher education could at least set you apart from the crowd and land you a job that pays a living wage. Today, educated people are working at McDonalds and...

It may be cheaper just to buy a new car and let her make part of the payments. I'm 25 and just bought a new Chevy Cobalt (not my dream car, but it gets me from A to B). Lucky for me, my FICO score is in the low 800s so I was able to get 0% financing. However, a few weeks after I bought it...

There really is no difference. It's effectively the same thing. Except, you end up paying the spread 3 times instead of 1.

This post made me laugh. I still can't tell if you were serious or not.

There's no reason to end up $50k in debt to get a degree. You mentioned that you went to a technical school, so I assume you already have some college credits. That will help. Look into a nearby state college rather than a private college. It's much cheaper. See if they accept CLEP, Dantes...

At age 24 you're automatically considered independent no matter what your financial or housing situation is. You'll also qualify for FAFSA loans.

Poor doctors. A quarter of a mil a year just doesn't go as far as it used to.

I agree. I went back to school at 22 and it was the best decision I've ever made. I finished my bachelors in 2.5 years and I'm now pursuing a masters in accountancy. If trading doesn't work out for me, I could always get a gubment job to fall back on. At 24, you're considered independent and...

They never learn, do they?

Actually, I believe Aldi pays their workers better than most other stores. Cashiers make $12/hr and don't have to stand or bag groceries.

Just because things are going well for them now doesn't mean it will continue. They're obviously bright enough to see the writing on the wall. That's why they're pissed.

So Google is in the OS business now, huh? Awesome. They'll be keeping track of every mouse click and selling the data to the government.

And Facebook is worth $5 bil.

Access to education doesn't mean a whole lot. Simple supply and demand. Fifty years ago, only 25% of Americans had a HS diploma. Today 80% have a HS diploma, where as 25% have a bachelors degree. The more people who have one, the more meaningless it is. If the government never meddled with the...

Ultra high living standards compared to whom? The Ethiopians who are more concerned with religion than feeding themselves? When you compare real wages to those of the previous generation, this current generation is worse off.

Send the tax bill to Felipe Calderon.