What gives? Biden still planning on trying to give debt relief or sis they quietly bury this?

  • pooh [she/her]
    ·
    2 years ago

    A couple of other thoughts I have on this:

    1. It at least seems easier than organizing a general strike, since all you would need to do is convince people to stop paying their bills. Once they get over their fear of credit being hurt, that would be easy, but overcoming that fear is a big challenge.

    2. It doesn’t need to be limited to student debt. A general debt strike that includes student loans, credit cards, medical bills, rent, etc. would be absolutely terrifying to the people in power, I’d imagine. Even the threat of something like that would probably be enough to rattle markets and cause damage.