Boom Bust Season 2 Episode 24 Student Debtor PRISON! Plus Patrick Chovanec On China and Pippa Malmgren On Europe
- TV-PG
- October 3, 2014
In season 2 episode 24 of Boom Bust, viewers are taken on a deep dive into the issue of rising student debt, and the potential consequences it holds for borrowers. Titled "Student Debtor PRISON!", the episode examines the harsh realities faced by students who are unable to repay their loans.
The first segment of the episode features Patrick Chovanec, the Chief Strategist at Silvercrest Asset Management, who offers his insights on China's economy. He discusses the recent trends in the country's economy, including its slowing growth rate and the ongoing trade war with the United States. Chovanec highlights the role of government intervention in China's economy, and the potential challenges it presents for both Chinese citizens and the global economy.
The next segment of the episode focuses on student debt in the United States. Hosts Christy Ai and Ben Swann discuss the rising levels of student debt, which have reached a staggering $1.6 trillion. They explore the reasons for this increase, including rising tuition costs and a lack of affordable options for students. The segment also features interviews with experts on the topic, who provide further insight into the struggles that student borrowers face.
One of the most shocking revelations in the episode is the possibility of student debtors being sent to prison for not being able to repay their loans. The hosts examine cases where student borrowers have been jailed for defaulting on their loans, and the legal loopholes that allow this to happen. They also delve into the ethical implications of imprisoning individuals for being unable to pay back their loans.
The episode then transitions to a discussion on Europe with guest Pippa Malmgren, co-founder of H Robotics and former Presidential Advisor. Malmgren provides an overview of the current economic situation in Europe, highlighting the ongoing Brexit negotiations and the lessons that can be learned from the economic struggles of countries like Greece and Italy.
Throughout the episode, the hosts provide thought-provoking commentary and analysis on the topics discussed. They also invite the guests to share their opinions, providing a well-rounded and engaging discussion on the complex issues that impact the global economy.
Overall, season 2 episode 24 of Boom Bust is an informative and engaging episode that explores the far-reaching impact of student debt, as well as the ongoing economic challenges faced by countries around the world. With expert insights and incisive commentary, the episode provides a deeper understanding of these complex issues and their potential implications for the future.