The federal student debt loan amount is $1.7 trillion. This debt portfolio is an installment personal loan. Payments occur monthly. Active students have loan totals not due this year. We have no idea how much of the total will be repaid.
My wife often poses the joke “Do you know the difference between doctors and God?” with the punchline being “God doesn’t think he’s a doctor.” The atrocious behavior of my neurosurgeon made me wonder: How does anyone get away with acting like this?
The severe losses for the center-right parties in the mid-summer French and British general elections, (i.e., Macron’s center-right coalition partners and Britain’s Tories) together with a shift in the US toward MAGA within the Republican Party, pose a severe and possibly existential challenge to the ideal of sound money. This is despite surveys revealing strong and broad popular anger about the cumulative loss of purchasing power of their money during the pandemic and its aftermath.
One of the silver linings of the covid regime is the fact that the state overplayed its hand and turned many people into skeptics of the State and its pawns in the media and academia. This wave of healthy skepticism has led to a surge of interest in the work of Murray Rothbard, the State’s greatest enemy.
Anarchism [an·ar·chism] n.
1. “a political theory holding all forms of governmental authority to be unnecessary and undesirable and advocating a society based on voluntary cooperation and free association of individuals and groups”
Merriam Webster
