Welcome to front running 2020 with max kaiser and stacy are over at a bevy of special guests right here in fabulous hipster brooklyn im feeling it so stacy this episode is all about Student Deaths and the students of course are the millennium goals and generation z. They like the candidates promising to get rid of all the student debts theres 1. 00 trillion dollars in outstanding debt today in america that is up from 300 63000000000. 00 in just 2005 joining us to discuss this dr Michael Hudson professor steve kean and randy roller professor steve kean 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 fal
Accused of illegally dumping garbage across the board. Good evening and welcome this is o. T. International. There are fears of a new migration crisis with almost 50000 people crossing into europe in a day thats after turkey opened its borders to the e. U. Large numbers of migrants and refugees were seen throwing rocks at the border patrols before they cut through a barbed wire fence at the Turkish Border or effectively tore up an agreement with brussels under which it took charge of millions of Asylum Seekers in return for Financial Aid on the other side great police created the newcomers with tear gas. But it. Still follows a flare up intentions in syrias last remaining stronghold in the province so he threatened to launch a full scale military operation after dozens of its troops were killed in a Syrian Strike that targeted jihadist interests voiced concerns about the fresh influx of refugees fleeing instability in the region the hostilities of all but ruined turkeys deescalation ag
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 are in the least money and its setting them out for being on a able to participate in the rest of the economy life which is also driven by did so i think is one form of it is going to basically a. Student debt is going to make it impossible to keep posting Household Debt so the Financial Sector is eating itself im so old i remember the 2008 fine. Cry out and if you recall the sub prime debt bubble u
Who are representing his interests. Times northeastern france and use that belgian in a piece of illegally dumping tons of garbage across the border. Hello good evening welcome you watch in the weekly analyse international for employees of russias Sputnik News Agency and he have been released after questioning the editor in chief along with 3 others were detained in ankara and istanbul on saturday this does follow nationalists trying to break into the homes of 3 sputnik employees in ankara we spoke with maksim do internet who is the head of the Sputnik Turkey Office and he stumbled. You know. A group of about 20 people came directly to each of our employees had their residential addresses they shouted threats and accusations against them after our colleagues went to the play station to report the incident we could not then reach them for many hours however according to the place their phones had not been taken from them right now we want to know how this crowd of nationalists found out
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 a level of debt the average is 30000. 00 and in fact its non dischargeable prior to the what happened with the subprime crisis was people could do the jingle mail and walk away students can never walk away from this almost all of it is essentially owed to the government so the government owns you anyway and you cant escape it you cant just jingle mail away from the u. S. Government 30000 is this