The Atlantic - The Wall Street Journal ran a post over the weekend about a new credit crunch among low income borrowers, noting it is now 'payback time.' What they didn't go into is that their primary interviewee is drowning not on expensive cars loans but student loans. This former student's debt is far from extraordinary. It is, in fact, tragically ordinary, as student loans have become the 21st century version of indentured servitude. Read more.
Hospitals that rely on fuel-powered generators for electricity in Haiti’s capital have warned they could be forced to close, as a gang blockade on the main... read mor e.