SOURCE: Biden knows his $300B student loan forgiveness plan is BOTH unconstitutional AND unfunded. As a result, he’s not starting the program until after the midterms so that it cannot be struck down by the court. He’ll get the credit before the election and the GOP will get the blame in 2023.

via mishtalk: The Wall Street Journal comments on Biden’s Half-Trillion-Dollar Student-Loan Forgiveness Coup Well, he did it. Waving his baronial wand, President Biden on Wednesday canceled student debt for some 40 million borrowers on no authority but his own. This is easily …

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Anyone with a modicum of understanding knows the crisis is coming. A monetary unravelling is about to occur that going to leave nations perhaps as economically damaged as Ukraine…

by mark000 https://morningporridge.com/blog/blains-morning-porridge/central-banks-inflation-and-debt-were-in-trouble/ ………….. But monetary and fiscal interventions since 2008 have had massive consequences and created intense market distortions. They created the financial asset bubbles (that are now deflating) and have distorted the efficient allocation of capital by financial …

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