Economics and Investing:

The young, broke, and indebted American: 45 percent of 25 year olds carry student debt and the median net worth of those 35 and younger is one month of expenses.

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The Great Middle Class Extinction: “95% of New Homes Built for Rich or Poor”. B.B.

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Items from Mr. Econocobas:

McDonalds Global Sales Slide Continues…

Video: Greg Hunter interviews David Morgan-Market Crash in September 2015

Euro Area Central Bank Buying Crushes Yield Curves

Greece Got a ‘Deal’ in February, but Here’s Why Things Still Haven’t Calmed Down