Cool, looks like Education is going the way of Homeownership. That is to say: Poor people won't get it any more, because rich people say we're a liability.https://twitter.com/eigenrobot/status/1330542797896577027 …
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That's what I don't get, because the government showed us pretty clearly that they can create and discharge debt as they please, so any effect the debt itself would have is purely manufactured, right? Or do I have that wrong?
government debt is fake until its suddenly really, really not and a lot of the effects downstream of it are quite real even before you have a solvency crisis :/
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