Message from @Panic
Discord ID: 804396106321494086
Bogdanoffs said to doomp eet and then said poomp eet
Well imagine my shock
>OVER HALF AN HOUR LONG
Here's a thought, if the housing bubble was created due to giving out sketchy loans to people who couldn't afford to pay them back, and now student loans are doing the same thing to students by funding worthless degrees, can we look ahead and see if banks/financial managers are shorting there too? If we assume that the gubmint will eventually erase student debts to buy the votes of people in their 20-30s, then how can we posture to gain from that?
Yeah
thats how that happened
it was a little more complex than that but roughly these ddick riding billionaire pieces of shit
are doing the same thing they did in 08
and counting on a bail out
they just got caught with their parnts down this time
So is there a good assumption that these guys are shorting college debts?
imagine so
i dont know
Can they even be shorted?
yes
they can
Most not but the private ones can be traded
So we can assume that you can invest into student loans?
Im not the one to ask
i dont know much about this
when i was the age of going into college it wasnt this bad
or as complex
<@!794669740961562665>
it was mainly kreated by financial deregulation and higher interest rates
Sure but can it then be used by investors to create a bubble?
financial deregulation always leads 2 bubbles
so ya bankers b kreatin bubbles
Economy=bubble
Fuck me
economy will pop
like bubble
Just keep.
Printing money.
Nothing will happen
Ever
cope
Maybe we should pop the bubble...<:quaint:804076618061709384>
wall street going to get thrashed and giuli paying for it