Jaspreet Singh
👤 SpeakerAppearances Over Time
Podcast Appearances
Because if you're struggling with money, unfortunately, the White House is not going to fix your house.
You have to care about your house.
And the only way out for the average person, if we get away from the policy side, is you have to get now educated.
Because the system is not going to teach you
Banks are gonna profit off of you being financially stupid because if you're stupid with your money, they can send you a bigger credit card, they can sell you a nicer line of credit, they can sell you a nicer car.
Corporations are gonna profit if you're financially stupid because they're gonna hire the smartest and best MBAs to get you to open up your wallet and spend money with them.
And the government profits if you're unfortunately financially stupid because you're gonna pay the highest tax rates.
And I don't say this to be mean, I say this just to make a point.
Because these highest tax rates are paid
by the person that's earning their income from their job.
And then we think, oh, I just need to get educated.
I need to go to a good college.
I need a student loan.
Well, unfortunately, do you want to know the biggest asset, the number one largest asset on the United States government's balance sheet?
Your balance sheet is your assets and liability statement.
The number one largest asset on the United States government's balance sheet are student loans.
Which means these student loans, which we believe are there to help us get a good education to become wealthy in the system, are the reason why the government is wealthy because they look at their assets and liabilities.
My assets in the United States government, the largest asset are student loans.
Google it if you don't believe me.
I can now show we have all these assets.