Student Debt Threatens the Safety Net for Elderly Americans

A growing number of people 60 and older owe old student loans

Source: www.businessweek.com

Student debt, any debt imposed on consumes, is fine for the 0.01%…

 

It makes people dependent, compliant, agents for them earning more money,

And it grows the economy, by growing the money supply so that they can divert ever larger chunks of it to the casino..

 

See

http://daviddegraw.org/peak-inequality-the-01-and-the-impoverishment-of-society/

 

The perverse effects/: So many

 

But what’s the problem?

Après moi, le déluge — after me (comes) the flood — are attributed, as a premonition of the French Revolution, to King Louis XV of France (1710-74),

It was not him, but his son Louis XVI who was beheaded at the French revolution…

 

See on Scoop.itThe future of food health and agriculture

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About charlesvanderhaegen

I am a grandfather of an immensely inspiring family, thanks to the most incredible wife. To satisfy my family's needs, I was for 30 years business entrepreneur, roller coasting between success and failure. 14 years ago I was forced to stop and reflect. I dug into theory and discovered the World out there, that my involvement in Business had kept hidden to me. I feared that I will not escape remaining amidst my trans-disciplinary quest forever, bouncing back and forth from action to theory, always puzzled by Europe's apparent incapacity to free itself from its Institutional/Technological Lock-ins. My horizon opened up when Gunter Pauly, my intimate friend of 35 years, asked me to join him and take charge ZERI's development in Europe.
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