I just watched The Big Short
>the 2008 financial crisis was basically caused by banks giving money to people who couldn't pay it back
>people profited from this by shorting the mortgage bonds
Student debt is at an all time high and they can't find jobs. We're heading toward another collapse. Can we use this to our advantage? Can we short student loans?
DUHUUUUUUUU im RETARDED DUUUUUUUUUUUUUU
Student loans will be bailed out
Pensions will be bailed out.
States will be bailed out.
There are not enough taxes to pay for any of this.
The only option is to print more money.
Hold Gold/Silver/Bitcoin
based
Yeah jewywood movies are very honest and accurate about history.
Lol, pensions will not be bailed out
pls no bully
>Student debt is at an all time high and they can't find jobs. We're heading toward another collapse
You dramatically overestimate the student debt issues importance.
Protip:Debt is an asset to the creditor.
Student loans are guaranteed by the the Federal Government. They can't default. As long as you're a citizen of the USA and you're earning a wage, they'll garnish a percentage of your shekels.
So you can't short student loans, just like you can't short state-run hospitals in Canada.
I've wondered the same thing repeatedly.
The problem is that they are backed by the usa government so you would have to short the usa. Not sure how you would do that. Also if you could short colleges and universities that would be another way