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Did JPMorgan pop the student loan bubble? JPM is officially getting out of student loans. If history serves, what happens next will not be pretty.

Back in 2006, contrary to conventional wisdom, many financial professionals were well aware of the subprime bubble, and that the trajectory of home prices was unsustainable. However, because there was no way to know just when it would pop, few if any dared to bet against the herd (those who did, and did so early despite all odds, made greater than 100-1 returns). Fast forward to today, when the most comparable to [...]

Where’s My Refund?

Where’s My Refund?

By

Cognitive Dissonance

 

 

Beginning way back when my children grew old enough to work ‘on the books’ and thus earn enough taxable wages to ‘voluntarily’ pay their (Social Security and Federal/State/County-Local income) taxes and ‘voluntarily’ file a Federal Income Tax return (oh sweet puberty) I’ve handled the annual spring rite of documenting their IRS 1040 wage slavery by filing their tax returns for them. This ‘voluntary’ documentation always includes spouses and/or girl-boyfriends….and occasionally even [...]

Here’s How To Escape Wage Slavery And Become Financially Independent In 5 Years

by Sara Glakas

Have you ever heard of a wage slave?

Even worse… are you one?

Wage slaves may live in big houses.

They might drive Porsches.

It doesn’t matter how “rich” you look, if you can’t walk away from your job — even for a second — because you would no longer be able to pay the bills, you’re a wage slave.

Most people want to retire at some point. Some people even want to retire [...]