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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Joe S Pack who wrote (67351)	10/19/2010 5:40:14 PM
From: energyplay	Read Replies (2) \| Respond to of 217752

I will agree that current problems aren't the result of the Gen Y educational choices. But even with return to near normalcy -(yeah, like that's gonna happen) I think there will be some problems with the current group of graduates. Significant political and economic reform (bring back Glass-Stegal, etc.) is a ways off, unfortunately. I don't think we can even get to the period of 1990-1995 before the Tech Bubble. In the past liberal arts majors could at least form sentences and coherent paragraphs, and many of the people in specialized majors (xyz ethnic studies) can't do that today. I don't have any recent sources to cite, there are some older studies that show that in some majors your chances of working in the same field 5 years later are far less than 50%. Those studies would not be accurate today. I don't know of a non-anecdotal way of evaluating the current educational level of graduates. ** ** As far as my education goes, that sentence would be better with a verb.... This mis-allocation of academic effort IS likely to be a structural problem for long time.

To: Joe S Pack who wrote (67351)	10/20/2010 2:12:47 AM
From: elmatador	Respond to of 217752

IMF's Lipsky: unclear whether Fed will do QE2 There is no clarity about whether the U.S. Federal Reserve will act on a new round of quantitative easing, the IMF's First Managing Director, John Lipsky, said on Monday. Speaking at the end of a meeting of global central bankers and finance officials in Shanghai, Lipsky said a decision about "QE2" would depend on data. He also said that there would be no global currency war, but rather a coordinated approach between countries. (Reporting by Farah Master and Kevin Yao; Editing by Ben Blanchard) Good.