Caesar Augustus became the first Roman Emperor in 27 BC. Augustus is widely regarded as one of Rome’s most important leaders. His reign began the 200-year pax romana. The Roman Empire thrived in this period because of its excellent transportation and sewer infrastructure, which supported densely populated cities. Rome alone had an estimated 1 million residents….
Today, I’m writing about our student debt problem. Before diving in, a little context is needed. I am a student of business at Columbia University and have student loans. My classmates are all student loan borrowers. Many of my former classmates at Mercer University are in debt. Since many of my friends and I…
Financial markets in the last few years have been anything but usual. GameStop’s share price was $400 (pre-split). Nikola Motors briefly had a value greater than Ford. NFTs were valued at millions. The most crazy market moment of the pandemic period wasn’t a cryptocurrency, meme stock or SPAC. Sweet, sweet crude was the market’s most insane moment. The oil…
The government will release the Q2 GDP figures this morning. This is likely to be around the time you read this article. Since the White House has set its own definition for a recession, it is likely that we’ll see a second quarter of negative GDP growth. We would normally call this recession. With tech stocks…
