2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: TobagoJack who wrote (88630)	4/1/2012 9:36:48 AM
From: carranza2	1 Recommendation Read Replies (2) of 217596

The student loan issue is big but not upon us so it will be ignored until its effects cannot be ignored. The amounts are huge. The latest batch are now 100% guaranteed by the Feds, thus leading to inflation in tuition since the Feds pay for defaults. In turn, it is devilishly hard to go bankrupt on them so they will be a drag on income -whatever there is of it thanks to unemployment, low growth, etc., thus contributing to low growth. All while boomers are retiring and the bills for the bailouts come due, which will be paid in large measure by the indebted students. No loans for my son's education. We will pay for it but require him to work for whatever goodies he wants.

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