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This IS how the real world works now. Don’t think it will stop at student debt, 20 years ago government bailouts were unthinkable, now we did it for the GFC, th
by oceanplexian 4y ago
This IS how the real world works now. Don’t think it will stop at student debt, 20 years ago government bailouts were unthinkable, now we did it for the GFC, the ACA, COVID, and now Student Loans.
A decade from now the government will be printing money to pay off car loans for low income borrowers who got themselves underwater buying a $50k BMW. And similar bailouts will be done on the backs of the working class, at least until the financial system collapses.