Poor Fenton doesn't comprehend personal bankruptcy from one of his 120 company's filing for bankruptcy..
So what's the point of going to college and working at Burger King Einstein?
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I understand the rules are different depending upon who you are.
No they aren't, dumbass. If you own a corporation and it goes bankrupt, it has no affect on your personal assets. That true whether we're talking about General Electric or so mom-and-pop ice cream parlor.
But not if you're a college student, thank you.
That's because college loans are given without collateral.
"Given"? Sure mac. College loans in the US these days are a form of debt peonage, the bankers pushing them full well know the "bringing american jobs back" shyte is fiction, once in debt you're property.
Other advanced post industrial societies invest in their societies whereas we extract wealth from ours and redistribute it into the hands of a few atop a very shaky house of cards. I’m all for continuing down this road, let it all play out, let it tumble, let it fall.
When the power structure's goal is nothing other than societal wealth extraction/mining, the only "solutions" the system can envision are those that will further concentrate wealth and power away from "the people".