The latest recession will probably be seen as a turning point for college and university financing. READ MORE

“This hat cost me $110K.” That was the message a 2012 graduate displayed on her mortarboard at her university... READ MORE

As its current-account surplus fades into deficit, Japan will be forced to import money at high international rates to... READ MORE

With their declining household-saving rate, Japanese consumers are no longer both financing government deficits and... READ MORE

Financing government debt and deficits hasn’t been a problem for Japan: Until recent years, the country’s big-saving... READ MORE

Markets have reacted dramatically to the Bank of Japan’s recent efforts to stimulate the economy with loans to... READ MORE

Investors have enough to worry about: the crisis in the euro area, the uneven U.S. recovery and the probable hard... READ MORE

Last week’s four-part series laying out the reasons for my prediction of a U.S. recession in 2012 elicited a variety of... READ MORE

I have explained why I believe there may be a U.S. recession this year, spurred by renewed consumer retrenchment amid... READ MORE

In the first two installments, I laid out the reasons why the U.S. economy, despite current strong consumer spending and... READ MORE