Werd: Bailout - Part Two

Posted by Patrick Snajder Categories: Domestic Policy, Editorials, US Economy, Wall Street

I am not a master of finance, to say the very least.  [You can find my full opinion on debt and credit here.] 

While 80% of the freshman when I was a senior at the University of Richmond in 2000 would go on to earn a major or minor degree from our Business School, I never took a single class at the School, and only ever held disdain for those that did.

It should be no coincidence, then, that almost ten years later, I am still buried underneath school loans and have seen my best entrepreneurial ideas die quick deaths due to my ignorance in all areas involving money.  My relationship to the American economy, to this point, has been adversarial: we both cared little for one another and worked towards the other’s hopeful demise.  But it is not with joy that I witness the economy’s current unhealthy state, as its disappointment only furthers a lesser state of my personal economy.  If the current American economy were to die, a part of my life would surely die with it.

Click to continue reading Werd: Bailout - Part Two

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