college worth it or is it just a high priced scam join me now for more from creation washington as michael snyder the founder of comic books dot com michael it's great to have you back here i know you had a interesting little piece that listed some of the more dire statistics on the merits or lack thereof in a college education what's your take is it a scam or is it a worthwhile investment. well it's true the college education in this country has dramatically changed today at many of the top universities. it cost forty four thousand dollars a year just for a tradition that doesn't even count room and board or books or anything like that leisure fortune is mentioned smoking so than the cost of college tuition the united states is increased by over nine hundred percent and now today students that are graduating here at this time of the year two thirds of them are coming out with student loan debt and the total amounts during the united states today is actually more than the total amount of credit card everyone always talks about when to call them credit cards but today americans have racked up over

for the new loan proposal sent thousands of angry protesters onto the streets of athens longer michael snyder warns that economic troubles in greece could trigger a new wave in the global financial meltdown. the greek crisis you know there are women brokers moment because what you having greece is a situation where they're just kicking the can down the road if greece defaults is just a recent one two thirds all of your. banks all over europe or very much exposed to greece in europe are very highly leveraged for example when lehman brothers collapsed they were leveraged thirty one to one which was absolutely horrible no german banks actually hold a lot of greek debt and there are leverage thirty true but this one so greece goes down it's going to ripple effects across the entire world and there are experts all throughout the financial industry that are warning that this could set off a military well as in a crisis. when final argues and personal experience of finance in greece that's on our web site find it at our t.v. dot com and here is what else is online at the moment. there were a few com

the last week a steady proposal saw thousands of angry protesters fill the streets of athens michael snyder warns that economic troubles in greece could trigger a new wave in the global financial meltdown. crisis has been seems to be another lehman brothers moment because what you have in greece is a situation where there is just kicking the can down the road if greece defaults it's not going to just a thank rhesus going to affect all of your. banks all over europe are very much exposed to greece and the banks in europe are very highly leveraged for example when lehman brothers collapsed they were leveraged thirty one to one which was absolutely for now german banks actually hold a lot of greek debt and there are leveraged thirty two to one at this point so greece goes down is going to ripple effects across the entire world and there are experts all throughout the financial industry that are warning that this could set off another two thousand and eight style crisis. you can find more views and personal experiences of events in greece that's on our website find it at here's what else is onl

week a steady proposal saw thousands of angry protesters filled the streets of athens longer michael snyder warns that economic troubles in greece could trigger a new wave in the global financial meltdown. but you know there are women brokers moment because what you have in greece is a situation where they're just on the route if greece defaults and just a recent one two thirds of all your. banks all over europe or very much exposed to greece. highly leveraged for example when lehman brothers collapsed they were leveraged thirty one to one which was absolutely horrible no german banks are actually a whole lot of greek debt and there are thirty one who are so greece goes down it's going to ripple effects across the entire world and there are experts all throughout the financial industry that are warning. bells in a crisis and you can find more views in personal experiences of events in greece that's on our website find it at our t doc and here's what else is online at the moment. the european commission put an end to washington's move to access personal data on passengers flying between euro

last week austerity proposals saw thousands of protesters fill the streets of athens blogger michael snyder warns the economic troubles in greece could trigger a new wave in the global financial meltdown. you know there are women brothers moment because what you have in greece is a situation where they're just sitting between you and on the route of greece that's also slow going just to think greece is going to throw to all of your. banks all over europe or very much exposed to greece and i would be. highly leveraged for example when lehman brothers collapsed they were leveraged thirty one to one which was absolutely horrible you know german banks actually all the lot of greek debt and there are leveraged thirty two to one just one so resource their own is going to report next across the entire world and their experts all throughout the financial industry daughter want to talk a little to girls in a style crisis. you can find more views and personal experiences of events in greece that's of course on our website dot com now here's what else is waiting for you on line at the moment the europ

keeping on the story as pressure on greece to take radical action on its debt intensifies blogger michael snyderarns that a greek default could trigger a global financial crisis just like the lehman brothers bank crash did in two thousand and eight the greek crisis has the chance to be another lame and brothers moment because what you have in greece is a situation where they're just kicking the can down the route if greece defaults it's not going to just the same respond to start all of your. banks all over europe or very much exposed to greece and now banks in europe are very highly leveraged for example when lehman brothers collapse they were leveraged thirty one to one which was absolutely horrible now german banks actually hold a lot of greek debt and there are leveraged thirty two to one at this point so greece goes down it's going to ripple effects across the entire world and there are experts also wrote the financial industry that are warning that this could set off another two thousand and eight style crisis. u.s. president obama has confirmed his decision to pull thirty three thousand t

mass protest in the country where thousands voicing anger on the streets of athens blogger of michael snyder warrants that economic troubles in greece could trigger a new wave in the rubble financial crisis. and the greek crisis has been seems to be another lehman brothers moment because what you have in greece is a situation where they're just kicking the can down the route if greece defaults it's not going to look just like greece is going to thirty all your. banks all over europe or very much exposed to greece. very highly leveraged for example when the lehman brothers collapse they were leveraged thirty one to one which was absolutely horrible you know german banks actually hold a lot of greek debt and there are leveraged thirty two to one at this point so greece goes don't it's going to ripple effects across the entire world and there are experts all throughout the financial industry got a warning this gets out of the military goes in a crisis and in time more views and personal experiences on what's happening in greece now on our website it's r t dot com here's what else is a line at t

sparked mass protest in the country with thousands voicing anger on the streets of athens blogger michael snyder warns that economic troubles in greece could trigger a new wave in the global financial crisis. pre-crisis terms will be another lehman brothers moment because what you have in greece is a situation where they are just on the route if greece defaults it's not going to look just like greece is going to thirty all of your. banks all over europe or very much exposed to greece. highly leveraged for example when lehman brothers collapsed they were leveraged thirty one to one which was actually we you know germany going to actually hold water greek debt and there are literally thirty one this. greece throws their own it's going to ripple effects across the entire world and there are experts all throughout the financial industry got a warning that this could set off another two bells in a crisis. and if i'm more of use and personal experiences of france and greece now on our website that's r.t. dot com and here's what else is on the line at the moment. the european commission puts an end to

banks so is he on point or is he missing the bigger picture here well let's turn now to michael t. snyder he is the founder of the economic collapse blog dot com michael let's start with the greek news here i was a little bit surprised that he said it in the q. and a he was asked whether the crisis could really affect u.s. banks and he said it would be a very small hit do you agree or completely disagree big recross sometimes that seems to be another lehman brothers moment because what you have in greece is a situation where there are just kicking between and on the route if greece defaults it's not going to just affect rhesus going to search all of your. banks all over europe or very much exposed to greece and beings from europe are very highly leveraged for example when lehman brothers collapsed they were leveraged thirty one to one which was absolutely horrible you know german banks are actually a whole lot of greek debt and there are liberals thirty to one at this point so greece goes don't it's going to ripple effects across the entire world and there are experts all throughout the f

looking for yeah let's hope it doesn't come to that michael thank you so much for your time as michael to snyder founder of the economic collapse blog dot com all right well that's it for this hour here on r.t. america of course the news doesn't end with broadcast plenty more stories and details on our website just go to our t. dot com slash usa and say you want to watch us on your phone or laptop and such our you tube channel.

could be overcome with due course and of course that's not the perspective of my next guest michael t. snyder he's the founder of the economic collapse blog dot com and i asked him what he thought of. optimistic views on the economy. i completely disagree a big request this has been seems to be another lehman brothers moment because what you have in greece is a situation where they're just kicking the can down the road if greece defaults it's not going to just play greece is going to have thirty all of your. banks all over europe or very much exposed to greece and now the banks from europe are barry highly leveraged for example when lehman brothers collapsed they were leveraged thirty one to one which was absolutely horrible now german banks actually hold a lot of greek debt and there are leverage thirty two to one at this point so greece goes down it's going to ripple effects across the entire world and they're experts all throughout the financial industry that are warning that this could set off another two thousand and eight salt crisis and michael another interesting thing that came out o