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Breaking Student Loan Payment Update

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Manage episode 365534345 series 2769176
Content provided by Jimmy McKay, PT, DPT, Jimmy McKay, PT, and DPT. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jimmy McKay, PT, DPT, Jimmy McKay, PT, and DPT or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

We talk about the potential economic effects of student loan payments with Joe Reinke aka FIXBUX.

https://www.fitbux.com/

With an estimated 18 billion dollars a month being taken out of the economy due to student loan payments, economists and stock market experts are bracing for a recession.

They believe that we are already in a recession, even though it may not feel like it. This could lead to a decrease in the stock market at the end of the year.

However, politicians may use this as an opportunity to blame the recession on student loan payments, when in reality it was going to happen anyways due to rising interest rates and unaffordable homes.

  continue reading

303 episodes

Artwork
iconShare
 
Manage episode 365534345 series 2769176
Content provided by Jimmy McKay, PT, DPT, Jimmy McKay, PT, and DPT. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jimmy McKay, PT, DPT, Jimmy McKay, PT, and DPT or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

We talk about the potential economic effects of student loan payments with Joe Reinke aka FIXBUX.

https://www.fitbux.com/

With an estimated 18 billion dollars a month being taken out of the economy due to student loan payments, economists and stock market experts are bracing for a recession.

They believe that we are already in a recession, even though it may not feel like it. This could lead to a decrease in the stock market at the end of the year.

However, politicians may use this as an opportunity to blame the recession on student loan payments, when in reality it was going to happen anyways due to rising interest rates and unaffordable homes.

  continue reading

303 episodes

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