Recent comments in /f/wallstreetbets

Dorktastical t1_j9krg1w wrote

There's been so much data and fed speak since last FOMC that goes against the 'soft landing inflation under control jpow wins' narrative it created, that the FOMC minutes this time should be a complete nothingburger, no matter what it says. So QQQ +7% obviously, and calls it is.

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What_Yr_Is_IT t1_j9kofv3 wrote

"push the can down the road"

that makes no sense, how is this pushing the can down the road?

So today, you can claim bankruptcy on credit cards, million dollar mortgages and businesses, personal loans, business loans, vehicles, etc etc, but NOT student loans. Also, the same people who are hating on student debt forgiveness are the same people who have filed bankruptcy at some point in their life or had COVID loan forgiven.

You want to fix the problem?

  1. Allow bankruptcy and flush the system out of people who cannot pay
  2. Have a free public state education option to give colleges real competition so prices would naturally fall back to earth.
  3. Have more grants for free education for trade labor to further pull demand away from colleges
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