asterisk2a + illiteracy   4

Why so many Americans in the middle class have no savings - YouTube
Could you come up with $2,000 in 30 days if you had to? As many as 40 percent of American families can’t, despite the improving economy. //&! //&! The Secret Shame of Middle-Class Americans / Summit on the Economy
- making it month to month - //&! The Financial Crisis Is Forcing America To Redefine Their Values -
economic  history  squeezed  middle  class  Precariat  recovery  wage  growth  income  inequality  western  world  secular  stagnation  financial  literacy  illiteracy  American  Dream 
august 2016 by asterisk2a
Bill and Melinda Gates' 2014 Stanford Commencement Address - YouTube
min 17 in - about not having a better future for our kids. the thing is, the lowest hanging fruits have been eaten. now there only the hard things left to to, hard because they seem so remote from here, hard because they are worthwhile pursuing despite setbacks. renewable energy, curing diseases, sustainability in lots of quadrants - energy, food & water, environment, democracy & more or less striving for equality - social and income mobility. End: >> Luck, that could be me, empathy, leadership, ...
Public  Policy  STEM  technical  literacy  technical  illiteracy  education  Mobile  Creative  Mobile  Creatives  social  mobility  income  mobility  Career  Politicians  Politics  Year  of  Code  G20  flat  world  globalisation  globalization  competitive  advantage  competitiveness  competitive  comparative  advantage  comparative-advantage  advice  Public  Good  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  Gini  coefficient  digital  divide  digital  natives  digitalnatives  inequality  income  inequality  accountability  short-term  thinking  long-term  thinking  long-term  view  democracy  Democratic  Process  Vision  communication  language  leadership  Bill  Gates  AIDS  tuberculosis  child  poverty  food  poverty  environmental  disaster  ecological  disaster  climate  change  empathy  innovator  innovation  Bill  &  Melinda  Gates  Foundation  optimism  luck  equality  health  health 
july 2014 by asterisk2a
Explaining Poway's Billion-Dollar Deal - Voice of San Diego: Education

A School District gets into a murky - financially leveraged - gamble style - lending deal.

Sounds like the Bond Deals (where interest payments were/are linked to foreign exchange rate values ie to EURCHF) provinces and cities made in Europe with banks. And because of the market turmoil of 2008 and the ensuing crisis - these interest payments exploded into the ruinous stratosphere. Same with mortages people took out in East-Europe which interest payments were linked to the EURCHF exchange rate.

Max Keiser talks to Will Carless of about the billion dollar cost of repaying back a $105 million dollar loan to Poway School District in San Diego.
confidence  trust  bank  crisis  banking  crisis  gamble  Financial  literacy  Financial  illiteracy  Politics 
october 2012 by asterisk2a

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