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UCI Professor Calls Economic Crisis "Worse Than It Was in the 1930s," Experts Liken Current Situation to Great Depression

UCI Professor Calls Economic Crisis "Worse Than It Was in the 1930s," Experts Liken Current Situation to Great Depression

After years of avoiding using the word recession, many Americans now wonder if the unhealthy American economy might soon be tipped into a second Great Depression. Such questioning is not just scare-tactic rhetoric from the politicos; like the Great Depression, the current crisis has been caused by the exploitation of credit and excessive specula...

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Economic Crisis Hits Northwestern, "We Ok, Though," Bienen Reassures

Economic Crisis Hits Northwestern, "We Ok, Though," Bienen Reassures

The worries of Wall Street have come to stalk us on Sheridan Road... kind of, according to an e-mail sent by President Bienen last night.

 

In this unstable (read: chaotic) financial situation, Northwestern, just like any other corporation... er, I mean... non-profit... has been forced to reevaluate its business plan... er, I mean... strategies ...

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University of Chicago Professors Whine, Julie Peterson Shrugs

University of Chicago Professors Whine, Julie Peterson Shrugs

University of Chicago spokesperson Julie Peterson says the school can’t back out of naming its new economics institute the Milton Friedman Institute, despite the fact that Friedman was a proponent of (no, not Nazism, not sadomasochism, not Fascism) the dreaded free market economic principles. The name has gotten some faculty panties in a twist, ...

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USC Alum Seymour Durst Built National Debt Clock, Clock Now too Small to Show American Debt

USC Alum Seymour Durst Built National Debt Clock, Clock Now too Small to Show American Debt

So you know all those clichés about the clock running out for the American economy? Well, they’re actually not just colloquialisms, but rather literal statements. The National Debt Clock was built at Times Square in 1989 by debt-o-philiac and USC alum Seymour Durst. Now the American debt has outgrown the National Debt Clock, which holds room for...

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CollegeOTR's Damn Near Depression Deals

CollegeOTR's Damn Near Depression Deals

Sure we’ve seen Washington Mutual, Merrill Lynch, Bear Stearns, and Lehman Brothers fail, but College OTR is here to the rescue. Just because we’re sinking into economic crisis, doesn’t mean you need to get the bailout blues, or worse, stop buying stuff. Check out CollegeOTR’s Damn Near Depression Deals

 

1) NYU and Columbia students with a han...

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