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#Debt
ShisaBun
ShisaBun
I know some babies out that are graduating so I'm gonna give y'all some advice! - Don't get a credit card unless you KNOW you're going to be responsible. It's
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Josh Wolfe
wolfejosh
1/ Likely we test new US political movements that echo 2008 housing bailoutbut for STUDENT LOAN forgivenessAlso played on past stages of Germany vs Greece North vs Southern Europe (Italy)SAVERS
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Bharat Ramamurti
BharatRamamurti
Broad student loan debt cancellation via executive order is good economics and politics. A thread (with lots of data). 1/ First, it’s important to remember that *a lot* of people
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Stephen Kretzmann
Kretzmann
Wow. This move to #StopFundingFossils by @POTUS is just stellar. Public finance for international fossil fuel projects first became a priority for US policy in 1981, as the Reagan Admin
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Cory Doctorow #BLM
doctorow
Forgiving US student debt is a no-brainer: as a nation, America has saddled its best-educated young people with a lifetime of debt whose interest serves the parasitic rentier economy while
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Hal Singer
HalSinger
After mocking student debt cancellation, @oren_cass offers his preferred policy in the Times--subsidized apprenticeships, with employers getting $10k from the government for each trainee enrolled. For a few reasons, I'm
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Wealthy Brains
Wealthy_Brains
Money Myths: Busting the lies you believe~ Thread ~ 1. Wealth Building is mostly luck."I was born poor, So I can't die rich,Millionaires just inherit their wealth"Remember, 80% millionaires are
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cobras for alligators scheme machine
golikehellmachi
one thing that's just absolutely batshit, bananas, bonkers insane is that trump has never met a single debt in his entire miserable life that he wasn't ready to write off,
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A.R. (Actually Republic) Moxon
JuliusGoat
The messaging really ought to be the truth, which is:*We can't afford to not take care of sick people anymore.*We can't afford to not house the houseless anymore.*We can't afford
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camille landais
landais_camille
This WSJ piece is quoting our work with @giulia_giupponi on short time work. But is missing the point: First, yes, in a traditional recession, short time work policies tend to
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Ivyn Sambo
IvynSambo
Story about debts and a young professional.I got permission from the lady to share her story. [THREAD] Few months (May) back I got a DM from a young lady from
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Free Public College is Winnable
TimmySull1van
State legislators might not be able to cancel student debt, but they are the manufacturers of the student debt crisis & hold responsibility for ending it. :https://twitter.com/LauraSavino747/status/1356793595550924805 Student debt is
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George Selgin
GeorgeSelgin
Thread: It's very important to distinguish the implications of Fed monetization of _outstanding_ Treasury debt from those of Fed monetization of net Treasury security issues.https://twitter.com/TheStalwart/status/1324446235776921600 Mon
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Sumaira Abidi
SumairaAbidi
A lot of people had asked about different categories of debt #mutualfunds so here's a replug of an earlier series on debt MFs. If you still have unanswered queries, will
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Zak Slayback
zslayback
The fact that student debt cannot be discharged in bankruptcy is a blatant handout to universities and creditors.The reality is: if people could discharge student debt in bankruptcy, a lot
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Luis Garicano
lugaricano
Some economists advocate for the cancellation of public debt held by the @ecb. This is political madness. The cancellation has no economic rationale and would fuel hawks, while the ECB
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