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snoodog · 3192 days ago · link · · parent · post: Somethings rotten in the economy FED holds emergency meetings
There won't be student loan forgiveness just don't see it. It would go against America capitalist values. Bankruptcy allowance maybe but forgiveness no. The next bailout is already happening you just missed the announcement. The current fed rate of 25 to 50 bps in a Negative rate environment is a stealth bank bailout. The fed is paying banks more than the maket rate to hold money and effectively subsidies the banks.