Favorites August 24th 2022
This is good news! @GearoidReidy quips: Japan "can't oppose Russian energy, climate change and nuclear power all at once"
Plus they're also modifying how repayment works for existing loans and new ones going forward, which may be even more impactful. We're spending as much on student debt as we did on climate change with the Inflation Reduction act. Also, payments will begin again, which probably helps fight inflation. We still need to do something to get out of the business of subsidising deband of a limited resource though, or we'll be back here in five years.
You're wondering, as I was, why household debt vs income is so choppy, and the answer is that they use annual bonuses to pay off debt.
Yea, normally I'm pushing folks to call their state representatives about housing, but this bill looks foolish enough to be worth calling to oppose it.
This is funny, but I think in the real world, I doubt Gates' daughter is that interested in the CEO of World Bank, this scheme is dead in the water.
Threads
• Thread about how bad things could get if Russia keeps shelling the Zaporizhzhya Nuclear Power Plant.