This was posted a year or so ago but I feel like it's as important now as it has ever been. https://www.marketwatch.com/story/up-to-three-quarters-of-the-800-billion-ppp-flowed-to-business-owners-instead-of-workers-study-finds-11642418448 Most of these loans that went to “legitimate” businesses have been forgiven. Meanwhile student loan forgiveness is being blocked. I wonder how much of that money was used to hike up housing prices and is a driver of the housing bubble we see today. Actually infuriating.
This was posted a year or so ago but I feel like it's as important now as it has ever been.
Most of these loans that went to “legitimate” businesses have been forgiven. Meanwhile student loan forgiveness is being blocked.
I wonder how much of that money was used to hike up housing prices and is a driver of the housing bubble we see today. Actually infuriating.