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HeroicGomez · 2260 days ago · link · · parent · post: The Next Financial Calamity Is Coming. Here’s What to Watch.
Go figure: A key element to financial crises in our modern era is debt. It always comes back to debt. Of course, in the US we're a consumer driven nation. Even at the risk of mortgaging the future, everyone wants what they want now. So they assume debt with no real plan for how and when they plan to make that debt disappear. It's on both sides. and yes, it goes for student loans too. No one thinks past signing the promissory note and getting into school.