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Comment Re:Avoid student debt like the plague (Score 2) 23

Student loans are like buying a house on a credit card. The interest so overwhelms the small amount that is applied to the principle that the payment schedule is designed to take 30 years to pay off.

Student loan interest rates are usually less than 10%, much much better than credit card debt.

Never make the minimum payment and you should be ok. Whether or not it's a good financial decision depends on the expected income from your job after work. You can't make the decision based on loan amount solely, you must also look at expected salary.

Comment Re:Kinda Funny (Score 1) 66

What's mission in this analysis is any consideration of whether Google was favoring anticompetitively favoring their own product over Klarna.

While there is an argument to be made that the EU has done cash grabs in the past, there is also an argument to be made that Google has acted anticompetitively in the past.

If they act anticompetitively it distorts the free market.

Comment Re:Kinda Funny (Score 0) 66

These countries appear to have the pecuniary extraction model. Go after the deepest pockets, and come up with some way to take some of their money, because reasons.

I understand the sentiment, but as a logical thought it's incomplete without an analysis of reasons. If the reasons are good, Google deserves to pay (maybe the lawyers don't deserve the penalty money, but that's a separate issue).

Comment Re:America's Independence (Score 1) 67

America had a strong isolationist strain since the 1700s. It's a "You worry about yourself, I'll worry about myself" type of attitude. The Monroe Doctrine and the Neutrality Acts are examples. https://en.wikipedia.org/wiki/...

Currently, interventionists are in control, mainly based on the argument that "every time we try to be isolationist, the war comes to us." Presumably at some time in the future, isolationists will gain power again.

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