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
Same s earlier roadwork is now gone. Melissa, thank you. 4 31. Developing in the district this morning, this was the intense scene firefighters saw when they were called to sumas west african neighborhood in the shaw neighborhood. This is on 7th street northwest. You can see the flames shooting out of the windows. Rs firefighold us the strong winds made the fire much more intense. Firefighters were able to put out the fire and stopt from spreading to any other buildings. Up injuries were reported. An te now on an active shooter mistake that put Walter Reed Medical Center on lockdown this week. There never was a shooter, but now investigators are sayine the respoas for people who know the drill. Reporter someone atre walte thought there was a real active shooter on campus and did the right thing by notifying security. Activees shooternse was not a drill or an exercise. This was a real world response to what somebody thought was an actual threat based on the information they received in
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MIDDLESBORO, Ky. (KT) — Bruce Walzer, a longtime Kentucky Baptist Convention Disaster Relief worker and retired associational mission strategist, died Saturday, April 15, 2023, at age 92.