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September 3, 2013
After a Recent Upswing, College Enrollment Declines, Census Bureau Reports
In 2012, there were 19.9 million college students, including 5.8 million enrolled in two-year colleges, 10.3 million in four-year colleges and 3.8 million in graduate school.
The math suggests that we are going to have some seriously well educated retail, leisure, and hospitality workers in the future.
Some people probably wonder why I'm still a permabear. Go figure.
Source Data:
St. Louis Fed: Custom Chart
I think we need more hedge fund managers.
ReplyDeleteThe home-ownership society didn't work out so I'm thinking a hedge fund society is worth a try. High paying gigs for everyone!
If we all get 2/20.......waaahoooo! Prosperity!
mab,
ReplyDeleteIf we all get 2/20...
That's so old school. We should strive for 2/20/365.
The Las Vegas Payday Hedge Loan Fund
1. 2% of the assets each day!
2. 20% of any profits each day!
3. 365 days per year!
We can't win big quickly unless you borrow to win big quickly! We will do everything in our power to see you win big quickly too, in a totally safe and responsible manner of course. We will hedge your roulette table bets by alternating between red and black, favoring neither color more than the other over the long-term. This will help eliminate any unforeseen table bias.
Leverage, baby. That's what I'm talking about.
If the hedge fund theories work on an annual basis long-term, then surely they can work on a daily basis!
We should strive for 2/20/365.
ReplyDeleteYou make some good points. I'm thinking we should strive for 2/20/HF.
So what is the HF? Hidden Fees of course!
mab,
ReplyDeleteHidden Fees of course!
Of course! Should we strive for one-third of the assets or three-fourths though? It's a real ethical dilemma. How much, as parasites, are we entitled to suck?
Cap to protect pensions from hidden fees
Hidden fees that can swallow three quarters of all the money workers save for retirement will be capped to give people “absolute confidence” in pension savings, a minister has said.