The Economic Truth Special Report 3: Student Loans and The Coming Monetary Collapse

In This Episode, John talks with Allison Pyburn and does a deep dive into the massive issues regarding the $1.5T in US student loans.

As student loan payments recently restarted again after about two years of forbearance and non-payment, people are already in trouble.

We also dive into the importance of the future of these workers, how many degrees are potentially rendered useless, and how thousands of desperate workers will struggle.

We discuss the future of work and how we face a decrease in working-age people. At the same time, most people have opted to take jobs that push paper around and are useless to the greater good of society.

We discuss what will need to happen to have a more "sustainable" future and how that might look very different from our current centralized educational system, pumping out thousands of useless degrees every year.

We also look at how a future could add both automation and a big move back to real and productive jobs and a massive shock to the unproductive class of government employees taking from the private productive sector.

We finally discuss the next part of this series, which will do a deep philosophical dive into our future as a species on this planet and how we can continue to thrive without government interference and maybe without money. We will most likely debate this, but all ideas must be laid on the table to help us find a better way forward without the cycle of destruction from governments and their banking counterparts issuing currency out of nothing.

This and much more.

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You can find the articles and data we spoke about here:

https://infogram.com/student-loan-statistics-1h0n25y7ny7ol6p?live

https://beyondfourthdensity.substack.com/p/the-great-debt-repatriation-6c2?r=27vn0j

https://www.wsj.com/articles/judge-revokes-bankrupt-ex-lawyers-220-000-student-loan-discharge-11633043646

https://tradingeconomics.com/country-list/government-spending-to-gdp

https://tradingeconomics.com/country-list/government-debt-to-gdp

https://tradingeconomics.com/country-list/private-debt-to-gdp

https://www.cnbc.com/2023/10/13/student-loan-borrowers-hit-snags-as-payments-resume.html

https://www.help.senate.gov/imo/media/doc/foxx_return_to_repayment_letter.pdf

https://www.fitchratings.com/research/structured-finance/student-loan-forgiveness-carveout-credit-negative-for-ffelp-abs-07-10-2022