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Owed to the government so that means that the government could wipe out all the student debt and it wouldnt hurt any creditor at all it could be wiped out without any disruption of the economy and in fact unless its wiped out the economy will be distorted because as steve cain just said if you have to pay a lot of money in student debt you cant afford to get a Bank Mortgage to buy a house of your own and theyre going to end up living with your parents you know awol dr Michael Hudson here according to moodys erasing student debt would be a small stimulus but would it create moral hazard moral h...

63000000000. 00 in just 2005 joining us to discuss this dr Michael Hudson professor steve kean and randy roller professor steve keen of course you talk a lot about debt and in fact increase the rate of increase of debt what do you think of that number 363000000000. 00 in outstanding Student Loans in 20051. 6 trillion today doubling every 2 years which is a huge right of growth that simply cant be sustained indefinitely and thats whether by the students themselves coming on board well by the windows its a huge increase in the private debt load on the economy and its falling on the people who ar...

It impossible to keep posting household that so the Financial Sector is eating itself im so old i remember the 2008 financial crisis and if you recall the sub prime debt bubble up and we have this global meltdown the student debt is already bigger than the subprime debt bubble. That was about an on trillion dollars when you look at it went from 6. 00 to 9. 00 on trillion between about 22000. 00 and fog so were not talking the same sky loving christian debt were talking they did go on turning in income and then when they graduate theyre graduating move off what about 100000. 00 u. S. Dollars is...

Insider whose own wife took 700,000 of donations for her Senate Campaign from a clinton bundler. He was later accused of lying to federal investigators about whether he authorized two fbi officials to speak to the media over the clinton email case as well as a separate foundation. He denied having done so when fbi officials asked and later the Inspector General office when they tried to determine who might have spoken to the media found out it was a total of four times he maid have been lying times he may have been lying and three times under oath. And misleading his boss james comey. I want y...

Either thanks for joining us this is. The u. K. Anti doping agency has said its refusing to provide the global doping watchdog water with key samples from british requests for the materials came as part of an ongoing drugs investigation into the night or a good project earlier i discussed with r. T. Correspondent alexia. Talking about a 4 time olympic gold champion a 6 time World Champion in athletics a runner from Great Britain and hes one of the biggest athletes of the modern generation now there has been speculation for quite some time that such a Success Story may have been somehow tainted...