Peter Thiel’s comments on the American university system say it all. A variety of academics, scientists and particularly Ivy League professors and alumni inherit a priestly-caste status. They are the truth holders. They are the diviners of the universe. And we must pour an endless stream of funds, and an increasingly greater amount of resources into their steadily decreasing return of investment. The education bubble is ready to burst; and it will be far more glorious than the housing or tech bubbles. But does anyone know how to short sell or buy put options on Harvard?
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