making sure nobody has student loans... "WTF FUCK OFF WITH THAT GIBS ME THAT""

making sure university admins get a huge bonus with the same money

"LMAO THEY EARNED IT FUCK OFF THEIF"

just cause the gov isn't making the loan, doesn't mean it doesn't have the same effect regarding the market forcing the university providing the education to have actual value

also a society with high rates of debt is unhealthy and unproductive

from a capitalist viewpoint

if there is no regard to giving loans that only show the potential to return an investment, it isn't capitalism

it's giving people an allowance

in fact i reccomend a book,
"Debt, the first 5 thousand years by David Graeber"

Debt financing baby

when parents give children an allowance regardless of their input, it's a type of subsidy or styphon

its basically a history of Debt

from ancient sumeria to today

and jjust how nefarious it really is we simply see it as "just bring me back two for the one i lent you" but its a bit more complicated

Nothing wrong with debt, it’s the American way

inevitable, the supplier will raise their prices to the level at which they can maximize profit

there is EVERYTHING wrong with reckless debt

i can agree

Debt is bad.

again i urge everyone to read that book its not commie prop

Reckless debt is inconceivably bad.

Lmao debt financing helps u save a shit ton of money

debt is a toxic sludge to society

capitalism involves TWO elements: 1) storing value in capital by earned money with labor ; 2) making wise investments that provide a return

Wait.. that's an agreement point there... whoaaa.

debt financing is cancer

Absolutely

it will lead to the system imploding

i dont agree with point 2 neccesarily

it takes all the risk and moves it to the worker

Cornerstone of many modern businesses is debt financing

"wise invenstments"

no

these people are gambling

with our money

wise has nothign to do with it

no shit; this is why we are in for a fuckin rude awakening

They are investments with the wise ones usually paying off.

its risk -reward

they are seen as wise after

It is a post-hoc rationalization, yes.

thats like me doubling down in blackjack with a 14

and winning