Biden's Spending Dilemma
Biden's new student loan forgiveness plan aims to assist around 30 million borrowers after the Supreme Court struck down his previous attempt. However, with persistent inflation and high spending over the past few years, the political implications could be dire for him. Meanwhile, the banking sector faces challenges as commercial real estate developers struggle to repay loans, leading to a strategy known as "extend and pretend" to manage their financial woes.In this clip
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E174: Inflation stays hot, AI disclosure bill, Drone warfare, defense startups & more
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