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/biz/ - Business & Finance

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>> No.55505485 [View]
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55505485

>>55503852
>Interest rates are high because student loans are both risky and unsecured. But they can’t be discharged, which is part of what said rates are a hedge against. This doesn’t quite seem right, what am I missing here? Your credit is still fucked if you default, and you now have your probably low wages garnished.
Because the point of these debts isn't for you to pay them or for them to make money off of you. The point is that you're constantly in a state of serfdom to a higher authority. The US government exists in a form where corporate and state powers intermingle to exercise their authority. Businesses require a college degree for every job from CEO down to dishwasher, so everyone is de facto required to go. The government gives out student loans, and now you're part of their system of serfdom. You took on debt to go to school to get a job that pays you money you use to pay down the debt. It's a closed circular system which is how you know it's farcical. This happens in macrocosm and microcosm.

Private banks loan out mortgages and small business loans so you can LARP "the American Dream." But these loans usually aren't paid off until you're near dead, at which point the medical costs keeping you alive, and the estate tax that takes your money after you die, ensures that your progeny receive relatively no inheritance. Now they must repeat this process to attain an unsustainable lifestyle while never building generational wealth. Your money is never yours. It's lent to you and then taken back when you die. It's serfdom, not capitalism.

You step out of line? You get fired. You get blacklisted. Your credit goes down. You get fined. You lose the business. The lose the house. You *really* step out of line? You get arrested. You get shot. You go to prison. People who try to live outside of the debt system we call "bums" and they're treated like criminals.

>> No.54361583 [View]
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54361583

>>54361380
Of course they would. How do you think the FBI pays for all these tranny shooters?

>> No.54302477 [View]
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54302477

>>54301717
>Precious metals. Yeah Roosevelt confiscated that shit.
I've gotten so tired of hearing this gay factoid that is completely divorced from reality.

>> No.54229966 [View]
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54229966

>>54229730
>mfw I know what this meme is referring to

>> No.54166019 [View]
File: 134 KB, 736x919, f5ca5309aa701379e78ca50cf207b507.jpg [View same] [iqdb] [saucenao] [google]
54166019

>fed prints $2trillion before the week is even ogre
>mfw

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