I’ve spent the past few days on Wall Street, and any hedge fund that looks into the student loan data can see that a crisis is coming. No one knows what to do about it, but the data is clear.
-
-
This is exactly why I'm not sure we'll see a "pop" of any kind, I'm not sure how we could with the government swallowing the losses. But we should expect to see a continuation in people unable to purchase homes and cars via debt, which would have implications for those markets.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
So bet on massive inflation to devalue all that debt the gov't has to pay back?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.