/biz/ - Business & Finance

>>13895217

As economy turns down socialists will gain more vote. I would not be surprised communists win next elections in usa it would be fun to watch the shit show

>>12541452
most people go to collge for a vacation as teenagers dont want to work, also people get degrees purely for prestige or status reasons still in 2019. this is well marketed by schools

especailly poor kids who still can have large loans prefer to get degree for such such reasons, cause some think this able them to climb social ladder i think. while some of them will pay for a worthless degree till 60 years old

70% however will be under employed or unable to find job for their field, thus such statistics which show only employed full time in field. also take in calculation student debt with interest payments, as we know most default on student debt eventually

>>12056480
Well i dont pay attention to that prediction just the overall graph illustrates recessions. In fact it seems in that pic they would predict dow to 12k level or something which would be devastating short term ofcourse and some people dont have enough life span left to recover such shock