Below you will find the articles on economics, investing, and finance that we found most interesting for the week.
NB: ($) denotes subscription site.
Ah, the perils of state owned enterprises and corruption… Brazil’s Federal Police raid Petrobras.
Student loans are one major debt market that has not yet been purged of excess. This article includes an interesting idea for reform.
Article via Wall Street Journal ($)
Young people in emerging markets want to buy cars. What is motivating them to buy?
Article via Financial Times ($)
Interesting comments from Schwab CFO about how clients allocated capital before, during, and after the 2008 crisis. Cash levels have returned to pre-crisis levels.
Calling him a modern day Rockefeller may be hyperbole, but Harold Hamm has leveraged horizontal drilling in the Bakken to become a mogul in his own right.