Wednesday, January 12, 2011

The College Bubble

I laughed with glee when I heard that the NIA thinks that the US is in a major college education bubble.  Finally, there is someone else out there who thinks so too.  I predict that if things continue with the way things are now, ie the Fed constantly putting more money into the system, foreign countries getting fed up with the Fed's tactics and demanding the US sell its gold/silver piles and doing international trade without the USD, the US will see Greek style riots at public universities and maybe even government establishments.   If the NIA is correct,  then the riots at the universities have already begun.