$200,000 for a sociology degree is not as bad as Pets.com only because of the more than 100 times difference in dollar amount. Think of the blind optimism that is required to sink $200,000, about 5 years salary for the average American worker, 10 years salary for an upper middle class Chinese worker, into a degree that has very little monetary value in the economy.
Go to college--->Get degree--->Make money.
Buy stocks--->Hold stocks--->Make money.
Get mortgage--->Buy house--->Make money.
Iron ore rally overshot
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The iron ore bear market rally needs a new spur as steel and margins stall:
Dalian futures likewise look toppy: And coking coal: Steel output is still
ri...
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