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

To: bull_dozer who wrote (176180)	8/12/2021 6:19:26 PM
From: TobagoJack	Respond to of 219583

I shutter to think what, if anything, would happen to the sacklers had they been ruled by ccp, as opposed to gop and dnc. at least reeducation, I'd figure. in the meantime, re education watching the space, and am guessing letting anyone to learn anything is a luxury there ought to be plenty to learn at a film program of a name-school, but likely should not be supported by debt to anyone who applies. If so, a dilemma, threading from allowing youngsters to follow their passion and telling them that they ought to learn another craft of more merit due to lack of talent for film. Do not know what is best and how, but lack of funding auto-limits going forward. Spoke to a film-maker recently and he advises skipping film school, get into the industry any which way at the get go, using tuition money that otherwise would have been spent to support self at the effort. He got into the film business by passing a classroom by chance and saw three pretty girls doing their performance art thing, following instinct, presto, he was in movies. I love that story. bloomberg.com Just Let the Film-School Graduates Go Bankrupt It’s really hard to discharge student debt in bankruptcy. Making it easier might solve some problems. Justin Fox 13 August 2021, 05:45 GMT+8 This is Bloomberg Opinion Today, a tuition-free education in today’s Bloomberg Opinion opinions. Sign up here. Today’s Agenda Bankruptcy could ease grad-school debt insanity. What could keep inflation high. German politicians have a penchant for plagiarism. Young people don’t want to work at home forever. Collect Master’s Diploma, File for Bankruptcy The crushing debts run up by many U.S. college students — and the even more crushing ones run up by Columbia University film-school graduate students — have sparked calls for drastic action such as tuition elimination and mass debt forgiveness. Allison Schrager has a different idea: Just use the great American institution that is bankruptcy to better allocate the risks incurred by graduate students in particular. The average debt load of master’s degree candidates is twice that of undergrads, while the average payoff in terms of increased earnings is much lower. But current rules make it extremely hard for those with student debts to discharge them in bankruptcy. In a private loan market, the availability of bankruptcy protection for borrowers forces lenders to evaluate and price risk more carefully. More than 90% of U.S. student debt is in the form of government loans that are extended with no attempt at differential risk pricing, so allowing bankruptcy relief could potentially create moral hazard in which borrowers would have incentive to get expensive degrees, declare insolvency and make taxpayers foot the bill. But going bankrupt still has big costs in terms of the ability to get other loans and even jobs, Schrager writes, and there are ways to reduce the moral hazard short of making bankruptcy impractical. Inflation Isn’t Hyper, But It Is Active We’re not on the brink of hyperinflation, and most signs are that headline inflation will slow in the coming months as some of the biggest supply constraints of the post-lockdown reopening ease. But Karl Smith warns thatthere’s another supply constraint that probably isn’t going away soon: a shortage of job applicants that businesses seem to be expecting to persist even as schools reopen and unemployment-insurance bonuses run out. If that’s the case, the $3.5 trillion spending package that Democrats are trying to push through Congress could result in higher prices instead of more jobs. In another look at inflation, John Authers runs through a plethora of different ways one can slice and rearrange this week’s Consumer Price Index data, concluding that “reality is messy” and it’s awfully hard to tell whether the inflation picture is getting better or worse. When German Politicians Plagiarize OK, maybe you haven’t been itching to learn more about the plagiarism scandals afflicting two of the top three candidates for the German chancellorship. But this is a Leonid Bershidsky column we’re talking about, so it examines the now-decade-long run of plagiarism charges against German politicians by exploring the outsize role that doctoral degrees have long played in German life and the expectation modern German voters have that the people they elect not be superficial posers. You can learn a lot from it, without even getting a doctorate (or, for that matter, an overpriced master’s degree). Telltale ChartsYoung people really don’t want to work from home all the time, but they do want flexibility, Lara Williams writes. Hybrid Working What are respondents’ preferred working set-ups once restrictions are completely lifted? Source: Locatee/YouGov survey of 4,358 British adults, 24-25 June It has gotten hotter in the U.S. than it used to be, Justin Fox (yes, me) writes. But it hasn’t gotten hotter everywhere in the U.S. Climate Change Is Here, It’s Just Not Evenly Distributed Average temperature anomaly, 36 months ending July 2021, relative to 20th-century mean* Source: National Oceanographic and Atmospheric Administration Alaska anomalies relative to 1928-2000 mean; data not available for Hawaii Further ReadingA more infectious Covid-19 needs a quicker test. — Max Nisen* The Senate confirmation process is broken. — Jonathan Bernstein Lawsuits against U.S. gunmakers won’t make Mexico safe. — Shannon K. O’Neil Credit Suisse had some oopsies but they may not trigger its Oopsie Bonds. — Matt Levine Who makes a private equity firm look good? A tobacco company! — Chris Hughes What we know about children and Covid. — Sam Fazeli ICYMIThe new head of the Federal Trade Commission wants to block some deals. A graphical rendering of how MacKenzie Scott’s “money bombs” are reshaping America. Texas GOP’s culture war spurs a corporate backlash. KickersBuffalo gained population over the past decade, which hadn’t happened since 1950. Bring back pay toilets! The Colorado River water cutbacks are hitting Arizona farmers first. Notes: Please send plagiarized doctoral dissertations (in German) to Justin Fox at justinfox@bloomberg.net. Sign up here and follow us on Twitter and Facebook. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Justin Fox at justinfox@bloomberg.net To contact the editor responsible for this story: Brooke Sample at bsample1@bloomberg.net Before it's here, it's on the Bloomberg Terminal. LEARN MORE