2min chapter

Tom Bilyeu's Impact Theory cover image

Emergency Episode: Why This Financial Crisis Is Worse Than 2008 | Balaji Srinivasan Pt 1

Tom Bilyeu's Impact Theory

CHAPTER

Why the US Government Should Forgive Student Loans

1.8 trillion in debt may resume after this multi year holiday due to COVID. People didn't sock away the cash for rainy day, they just expanded their spending and now suddenly it may then probably gamble that you know the the the student loans go away forever. And because it got suspended. Now they're coming back and like, oh no, and now they've got it on top of their rent payment or something like that. So that's going to be another. Let's use this as an example: If you have the debt, you want to be marked down. You don't because that's your revenue stream. Then why doesn't the US government just pay that debt?

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