Student Loan Forgiveness is Not the Issue
Today, student loan forgiveness is a political hot-button topic. Wade into the morass of comments on articles like this one if you don't believe me.
But that’s not the actual issue. Student loans aren’t the root cause of the economic malaise in which many young people are ensnared.
Rather, student loans are a symptom.
So what is the core issue, then?
Links for February 2023
This is alarming, but alas, not surprising: https://www.icij.org/investigations/fincen-files/global-banks-defy-u-s-crackdowns-by-serving-oligarchs-criminals-and-terrorists/
In the same vein, but more direct: https://wallstreetonparade.com/2019/04/research-study-on-ongoing-crime-spree-by-wall-street-mega-banks-gets-news-blackout-heres-why/
Just a reminder: https://wallstreetonparade.com/2023/01/after-16-months-there-are-still-no-arrests-in-the-feds-trading-scandal/
One of the worst cases of inflation on record (the second-highest rate of inflation, behind Hungary post-World War II): https://www.economicshelp.org/blog/390/inflation/hyper-inflation-in-zimbabwe/
More interesting musings from SteveArk: https://steveark.com/2022/11/18/how-much-money/
Insightful analytics on millionaires in America: https://dqydj.com/millionaires-in-america/
Speaking of reports on millionaires, how about Credit Suisse's Global Wealth Report? https://www.credit-suisse.com/about-us/en/reports-research/global-wealth-report.html
A compelling deep-dive into the reasons why medications cost so much in the United States: https://www.yahoo.com/news/130-000-medicine-outrageous-blame-120004797.html
Great analysis on stocks as an inflation hedge: https://www.kennongreen.com/investing-in-stocks-as-a-long-term-inflation-hedge/
