As well as, we know, as a real estate developer, [Donald Trump] has hundreds of millions of dollars in debt, in loans.
Students graduating with high debt encounter difficulties in qualifying for home and automobile loans.
We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis.
Better educating our college students on the risks of high student debt and helping them to find alternatives to taking out student loans would help make the difference to their financial future.
We should make sure that unscrupulous schools do not prey on uninformed students, leaving them with high debt and useless degrees.
We have one of the highest interest rates in the world, and we owe more money per capita than any other country. All we need is a nail hole in the bottom of the boat and we're sunk.
And that's the one thing that people do not understand is that we have very low interest rates and if those go back to historical levels or even go back to scary thoughts that they're back in the late '70s, early '80s, then that's going to really be hard to actually pay off those debts. It's going to be a - it's going to be a very big problem.
The most compelling economic and geopolitical story in 2017 will almost certainly revolve around China. The world's most populous country bankrolled an economic boom with high levels of debt and leverage, with which the government is now forced to reckon.
You talk to any of the job creators, and they'll tell you one of the things that concerns them the most is the debt. And so high levels of indebtedness are going to lead to high levels of taxation, which lead to high level of unemployment.
