
Originally Posted by
Ocean1
I don't have time to watch some disaffected financier expound on his radical new conspiracy theory, which just happens to tickle your fancy. I'm too busy earning the money you reckon isn't worth shit. Also, I tend to construct my own opinions based on long term industry performance rather then adopt some pre-digested shite from youchoob.
As for assets not being physical, yes, probably a whole percent or so of the debt economy isn't physically extant. So what? Someone borrowed the cash, they're responsible for making good on the debt, that's what debt means, attempting to rock the foundations of the economic world by insisting otherwise is patently extremely wishful thinking.
And if you reckon you can do without debt then, like I said sell your house and give the bank back it's evel, corrupting alms, because the FACT is 83% of mortgage funding would vanish if you had your way. Don't like it? I'm, not surprised, you tend to favour taking advantage of the benefits of the financial industry and bleat like fuck about the responsibilities they entail. Tough, piss or get off the pot.
Classic fail.org
Stephen
"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
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