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/biz/ - Business & Finance

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>> No.51076184 [View]
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51076184

It's not offical and I refuse to belive it's offical until it's signed and passed. He literally has only stated what he wants and nothing else, no officality. There will be many actors that try to stonewall this. As someone with remaining debt I'm not really sure how I feel about it. I could see it acting as a stimulus and getting younger people spending. I have $15k left, rent, and have no assets other than stocks so if this crashes the economy with no survivors, that sucks but I've got nothing to lose any way. The real issue here is all of the companies that deal in SLABs are basically getting a big government paycheck I assume. It's basically if the 08 crisis happened and the government just bailed out the banks and caged out people mortgages for them. The whole time the bank knew that if the loan recipients couldn't pay them back, eventually the government would pay them.

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