I went there for undergrad and trust me it’s the hunger games. I remember for one class, DSP we would have labs before they would actually teach the material and as a student you were how the Fck can I achieve whatever the lab is asking with the knowledge we learned so far… you couldn’t and it would take a couple of labs to realize that material req was from next class.
As far as I know, the US Treasury and FDIC are both under a legal obligation but either could be unable to fulfill its obligation if it lacks the funds. Under this scenario where the Treasury defaults, tons of banks will will be broken (since they keep money in the Treasury too), how will FDIC save them when its money is also tied up in treasuries?
Amazed that the author can even make this claim without affecting his/her reputation/credibility more broadly. Simply if that were the case we could’ve afford to pay for college from fixed income without the need to access loans. Second you wouldn’t have the loan crisis where the debt accelerates way above income. This is just plain dumb.
they see evil capitalists under every stone because under a amoral economic system and a high enough number of “capitalists” resorting to mischievous ways to turn a buck that’s a precautionary principle
