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<p>[QUOTE="TypeCoin971793, post: 3939527, member: 78244"]I have been saying this for years. Most people don’t start collecting (or restart if they have taken a hiatus) until well after the college days. This has been supporting the coin market for decades. Not the kids.</p><p><br /></p><p>However, a new dynamic that might stunt coin collecting is the US student loan crisis. Kids with large student loans are stuck in life for several years until they pay off the loans, and only then can they start pursuing other goals (house, retirement, etc.). Coins would hardly be a priority until much later, or even neglected altogether. Coupled with the disillusionment with history, moving away from cash transactions, and the lack of personal financial education in schools, the US market is likely going to have serious corrections.</p><p><br /></p><p>European/Chinese/Indian/etc. students do not have much student debt, if at all. Plus they live in the history they are taught in school, so they will have a deeper connection to it than Americans would. This means that the non-US coin markets would likely still thrive. If I was an investor, this is where I would put my money.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 3939527, member: 78244"]I have been saying this for years. Most people don’t start collecting (or restart if they have taken a hiatus) until well after the college days. This has been supporting the coin market for decades. Not the kids. However, a new dynamic that might stunt coin collecting is the US student loan crisis. Kids with large student loans are stuck in life for several years until they pay off the loans, and only then can they start pursuing other goals (house, retirement, etc.). Coins would hardly be a priority until much later, or even neglected altogether. Coupled with the disillusionment with history, moving away from cash transactions, and the lack of personal financial education in schools, the US market is likely going to have serious corrections. European/Chinese/Indian/etc. students do not have much student debt, if at all. Plus they live in the history they are taught in school, so they will have a deeper connection to it than Americans would. This means that the non-US coin markets would likely still thrive. If I was an investor, this is where I would put my money.[/QUOTE]
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