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Everyone is waiting for a dramatic bubble to pop. I think it will be a slow decline followed by generations of stagnation. You can't discharge student loans, so
by barnfire 9y ago
Everyone is waiting for a dramatic bubble to pop. I think it will be a slow decline followed by generations of stagnation. You can't discharge student loans, so young people can't buy new cars, houses, things to put in houses, etc. At the same time the value of such degrees are going down as more and more rush to get them. Health care costs are eating up the income/savings of everyone else.
The companies that will do well in the future are those that cater to a low-income demographic. I hear Dollar General is doing very well.