A friend of mine who’s an investment advisor recently wrote, “I’m wondering if you might address the very gloomy speech Nouriel Roubini made recently which has been all over YouTube. Also, I’m worried about students getting out of school with loans that need to be repaid and poor prospects for employment. Credit card debt is one thing, and may have a stigma attached, but student loans are socially encouraged. Are you aware of any program addressing this issue, other than personal bankruptcy? It’s going to be devastating.” In response, I took a look at a couple of Roubini’s videos. ...