I have been building savings since I was 15. I have a fair amount of money in the bank for someone my age. I WANT it hard to get a loan. I want all these other people with no savings cut out of the market for housing, for business opportunities, for education. That would leave me first in line.
Propping up the credit market is, yet again, screwing savers like me in favor of the spendthrifts.
Sometimes, you have to resign to win. If you want to keep these people off of education, how can they improve their own situation? Does this benefit you?
Propping up the credit market is, yet again, screwing savers like me in favor of the spendthrifts.