If you consider the collapse of the global economy and the complete erasure of the value of the American dollar "relatively little consequence", sure.
The U.S. isn't such an obvious investment opportunity as it once was. It fact, it's become downright risky.
Student loan forgiveness, for reals this time
- Frustration
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Re: Student loan forgiveness, for reals this time
"Freedom is the freedom to say that two plus two equals four. If that is granted, all else follows." -- George Orwell, 1984
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Re: Student loan forgiveness, for reals this time
Ah, but that's the trick the global economy only collapses if the the world stops pretending that the US dollar is valuable and the finance people know that. And it wouldn't just be a regular recession or even a regular depression, it would be the permeant destruction of the world financial system, which means that everyone has the incentive to pretend that the US dollar is still worth money.Frustration wrote: ↑Mon Sep 12, 2022 10:57 pm If you consider the collapse of the global economy and the complete erasure of the value of the American dollar "relatively little consequence", sure.
The U.S. isn't such an obvious investment opportunity as it once was. It fact, it's become downright risky.
- Frustration
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Re: Student loan forgiveness, for reals this time
That's a recipe for a sudden, catastrophic collapse.
"Freedom is the freedom to say that two plus two equals four. If that is granted, all else follows." -- George Orwell, 1984
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Re: Student loan forgiveness, for reals this time
No more so than the current set up because the entire finical economy is already fantasy.
- CharlesPhipps
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Re: Student loan forgiveness, for reals this time
I'm trying to figure out why anyone wouldn't think a highly educated populace wouldn't be worth the government's subsidiary.
- hammerofglass
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Re: Student loan forgiveness, for reals this time
...for space is wide, and good friends are too few.
- BridgeConsoleMasher
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Re: Student loan forgiveness, for reals this time
More a business matter. Most people choose to either go to school or work as far as determining their career. Mostly a consideration of time after one graduates high school.CharlesPhipps wrote: ↑Tue Sep 13, 2022 3:05 amI'm trying to figure out why anyone wouldn't think a highly educated populace wouldn't be worth the government's subsidiary.
I just doubt people are discouraged of the idea about an educated populace.
..What mirror universe?
- CharlesPhipps
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Re: Student loan forgiveness, for reals this time
Koch-backed think tank is suing Biden's student-loan forgiveness, arguing it undermines their hiring efforts by relieving debt for public servants
https://www.businessinsider.com/who-is- ... reddit.com
https://www.businessinsider.com/who-is- ... reddit.com
- ProfessorDetective
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Re: Student loan forgiveness, for reals this time
Educated people tend to also be left-leaning. Guess who REALLY wants to dismantle/gatekeep education in the US, basic AND higher?CharlesPhipps wrote: ↑Tue Sep 13, 2022 3:05 amI'm trying to figure out why anyone wouldn't think a highly educated populace wouldn't be worth the government's subsidiary.
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Re: Student loan forgiveness, for reals this time
Reagan admitted he saw a college-educated population as a threat. That's why he created the student loan crisis as we know it.
"Believe me, there’s nothing so terrible that someone won’t support it."
— Un Lun Dun, China Mieville
— Un Lun Dun, China Mieville