2min chapter

Animal Spirits Podcast cover image

Why So Bearish? (EP.272)

Animal Spirits Podcast

CHAPTER

Student Loan Debt

"I'm barrassed for people who just paid off their loans, and embarrassed that the government is still charging such high interest rates," he says. "If you have ten thousand dollars of payments that are not deferred, slash eliminated, that might change short term spending behavior more so." 'Old rich people love complaining about young people callous all this time,' he adds. "'No one at the whitehouse. We need reform' That's the most fair compromise', i say - but no one at thewhitehouse. we need reform,'" she concludes.

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