President Obama promotes the myth that everyone must go to college and that if you don't go, your life will be second-class. The truth is, even with a college degree, you may still end up waiting tables, you'll just begin your "career" four or five years later with tens of thousands of dollars in debt.
Peter Schiff has a little fun debunking the myths of the 'College Dream' on Bourbon Street in New Orleans.
Marc Faber discusses the historic debt to GDP levels which exist today throughout the EU. The final issue of increasing debt burdens across the world and a prediction of when the system will break down is discussed.
Legendary economist Marc Faber is interviewed by Peter Schiff, the man most credited for predicting the sub-prime crisis and subsequent housing collapse in the United States. Faber discusses the ongoing battle between deflation and inflation.
The uses of zinc and lead are vast. As demand for zinc rises, eventually heading into a supply deficit expected in the coming years, knowing how this metal is mined is critical. The different mining processes and environmental impacts involved in mining lead and zinc are discussed in this video.
Professor Robert Shiller explains to FT capital markets editor, Ralph Atkins, why long term investors should should be skeptical about sectors such as consumer durables and US housing, and concentrate on industrials, financials, healthcare and countries like the UK.