Hello, fellow Rebel capitalists hope you're well. So we have been following this story closely in October 1st could be the start of the recession when we look back in six months or nine months and the reason I say that

is because we're having this economic cliff it's racing toward it at a hundred miles per hour and that

economic cliff is student loan debt.

They have to start repaying these loans October 1st.

We've been following this story closely like I said, but we've got some more articles

some interesting new data points that Josh just sent me so let's go right over to the

Wall Street Journal and Josh I'd like to get your feedback on this as well. The title here is

student loans are emerging from deep breeze and borrowers are confused. Now when we get down into the second or third paragraph I think

it's really going to hit home how big of a problem this really is with a small

anecdotal story here.

So interest on federal loans restarts on Friday.

This Friday, the interest rates kicked back in or interest accumulation, I should say say kicks back in and then the first payments are

due in October 1st like we said earlier so student loan borrowers are finding out that restarting a 1.6 trillion dollar federal

program is much more confusing than switching it off.

And by the way, far more burdensome when it comes to your monthly

expenses I think that's what's going to have the huge economic impact overall as far as

aggregate demand and that's what could trigger.

That could be the catalyst,

because we're kind of teetering on the edge right now,

but that could be the catalyst

as to why we go into a recession or maybe why the recession that we go into will be far more severe.

So getting back to the article here, the pandemic relief ending with pandemic relief ending borrowers

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