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23381439 No.23381439 [Reply] [Original]

it's literally impossible to pay off debt

>> No.23381463
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23381463

>>23381439

Just pay off a loan with another loan. It’s so easy, anon.

>> No.23381474

>>23381439
No, it isn't. As of this moment, I don't have any debt.

>> No.23381479

>>23381439
what kind of idiot do you have to be to be in debt? asking for a friend

>> No.23381497

>>23381439
>he got KIKED

Dropping out of college and buying Ethereum were the two best decisioms Ive ever made in life.

>> No.23381501

>>23381439
Just look at the goddamn interest rates before you sign your life away to some kike ffs.

>> No.23381516

>>23381439
or just don't pay it off. who cares? how can you owe money to someone thats not even a real person ?

>> No.23381521
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23381521

>>23381439
so don't pay it back.

>> No.23381554

>>23381439
The only way out is through. Getting into debt is much easier and more fun than getting out of it, but it isn't impossible. You need to sit down, make a plan, and stick with it until the debt is dead.

Alternative pithy saying: if you find yourself in a hole, the first step is to stop digging. You got into debt because you bought things you couldn't afford, and now you need to not buy even the things you can afford in order to make up for it. Unless you reduce your spending, you'll never make progress.

>> No.23381559

>>23381439
If you get into debt, you are incapable of getting out of debt... so do the opposite. Lose everything, get them to pay you, Jew it up.

>> No.23381591

>>23381501
why do we even have to pay interest rates when banks get free money from the fed?

>> No.23381733

>>23381591
a kike would tell you they don't get the money for free, they pay interest as well

>> No.23381802

>>23381591
I wouldn't consider it free money, but cheap money, absolutely.

The current Federal Funds rate is at 0-0.25% in Sept 2020. The fact that people buy loans shows their lack of financial intelligence.

It's not that you have to pay interest rates. It's that people choose to and banks rake in trillions for the dumb, impatient, and sometimes even useless. A man quick in his steps misses the way, and by golly has America missed it's way with financial intelligence.

>> No.23381808
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23381808

>>23381591
Because thats the LAW, you really don't want to break the law by not paying us our little interest, now do you? Thats right peasent, now go work your ass off.

>> No.23381830

imagine unironically being in debt for anything that isnt a productive income-generating asset

normalfags are disgusting

>> No.23381846

>>23381474
>>23381479
>>23381497
>>23381501
>>23381516
>>23381521
>>23381554
>>23381559
>>23381591
>>23381733
Literal smoothbrains. Every single one of you. OP was hinting at the banking system. And he is correct, it is impossible to pay off debt. Your fucking Dollars in your pocket is nothing else than debt.
But that's too high IQ for you debtslaves

>> No.23381910

>>23381439
You either debt Max or don’t get into debt. “Good debt” is a meme if you can’t afford it you don’t need it. You want money for a business? Make sure you have money for at least 5 years because unless it’s revolution you’ll be in red before you make any real profit. Don’t drag friends and family unless they’re paying <30% anything more and they can legally own your business

>> No.23381930

>>23381846
Dude, debt gets paid often, i don't think impossible is the right word.

>> No.23381935

>>23381439
nutildah is that you?

>> No.23381972

>>23381846
>OP was hinting at the banking system
How do you know? There are plenty of idiots who literally cannot stay out of debt.

>> No.23382008

>>23381846
i wasn't hinting at the banking system. Just ordinary consumer debt. It's stupid hard to pay off

>> No.23382018

>>23381846
worrying about a country's debt that you have no say in whatsoever shouldn't be an excuse on why you yourself are in debt. If you were high IQ you would know this.

>> No.23382032

>>23382008
why dont you just go balls deep and take out all the money out of all your shit, and call it a day?

>> No.23382060

>>23381972
>There are plenty of idiots who literally cannot stay out of debt.
And they are part of the reason that this system even got to where we are today.
>>23382008
>It's stupid hard to pay off
You are a retard then. Please leave this board. Why did you take on debt in the first place.

>> No.23382062

>>23382032
>your shit
i don't own shit

>> No.23382073

>>23381554
Absolutely based, dealing with this now. I was 112k plus in debt 2 years ago. Now I'm at about 56K and my assets are on track to be more than double my amount debt next summer. Like you said, you just need to have a plan, and know how much you consistently make each month and how much is going out and on what.

>> No.23382081

>>23382060
i needed to a car to drive to work. i needed a degree to get a job

>> No.23382119

>>23382062
so how did you get into debt then? lol

people cant be this dumb, can they?

>> No.23382132

>tfw literally paid off my student loan and house thanks to biz

>> No.23382366

>>23382081
Make and model of car? What degree and UNI? Just get a old Honda or Toyota
2-5k max and then just go to community college and transfer your credits after two years. If you didn’t do this and you are poor, then your just stupid. I’m poor, no debt have 10k saved up lost all my crypto because I’m greedy but it was only 1k invested. But I made it to 15k and it hurts losing that much at 19. It doesn’t matter since I’m on the path to a career in aerospace.

>> No.23382402
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23382402

>>23381439
Precisely. Our fiat currency system is based on creating dollars out of thin air. Now ask yourself, how can you pay an infinitely expanding pool of cash? Trick question: you cannot...

The real question is - what is the bankers' endgame?

>> No.23382546

>>23381846
>Your fucking Dollars in your pocket is nothing else than debt.
On some level I knew this already cuz it's kinda the first thing you learn when you start to learn econ, but it took reading your post for the consequences to really sink in. Thank you, Anon.

The irony is that you don't even comprehend the enormity of your own 3smart5you shitpost.

>> No.23382718
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23382718

>>23381439
Beans and rice, rice and beans

>> No.23382738

>>23382718
>Oh boy! Boomer talk!
First I need to lower my IQ by at least 10 points

>> No.23382798

>>23382366
i do have a honda. a used civic that costed 15k sticker.

>> No.23382825

>>23382546
How are dollars debt instruments? They are tokens issued by the state, and their demand is based on people's faith in the acceptance as well as taxation. It's like saying subway tokens are "just debt bro you cant pay them off"

>> No.23382850
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23382850

>>23382402
the end game is let our kids or grandkids figure it out, fuck em, we got ours. amirite?

>> No.23382882

I plan on corporate wageslaving for about the next 5 years and paying off my mortgage. Then I'm going to get a mindless part time job or a little side business and hang it all up aside from that. If I can keep food on the table and the lights on, what else can you ask for?

>> No.23382901

>>23382081 >>23382366
>i needed a degree to get a job
FALSE
Have the crony-capitalists been shilling disinfo on here?? Or are y'all just newfags?

>Employers need to BELIEVE you have a degree before they'll hire you
CORRECT.
You're supposed to lie about having a degree, 85% of jobs use nothing or next-to-nothing from the degrees they claim are required. If a job ACTUALLY needs an education to perform, they're gonna give a test about it or they're gonna make you get some specific certification that they can look into. Even if they test you, half the time they only care that you can pass the test, not that you actually know more bullshit beyond the stuff they tested for.

Nobody checks if you're lying about your degree, if they gave a fuck they'd demand transcripts or other proof in the first place. It's just another checkbox that sounds cool and weeds out people who are too poor to attend and too meek to lie about attending.

(There is one caveat tho, don't lie about a degree you don't have if you're applying on some gigantic corporation's private job-application system, cuz if they find out they'll blacklist you. I'm talking about like Micro$oft or Google or shit, where the company has you apply directly on their internal job-thing regardless of what location you're applying to, and where they usually let you check off a list of a bunch of different jobs you want to be considered for. Since they have their own internal thing, they can keep track of if you've ever been hired and why you got fired.)

>> No.23382947

>>23382901
>Dude the trick is just lie about your degree
>Ooh but make sure you don't lie about your degree or you'll be completely fucked though
Great advice retard

>> No.23383488

>>23382825
>How are dollars debt instruments? They are tokens issued by the state, and their demand is based on
Maybe stop chugging down the KoolAide as if it were the water in a desert oasis-- at least for a whole minute-- and you'd remember that currency originated as a stand-in for physical goods back when the only "economic system" was direct barter of goods... so in some sense money was always an ambiguous "debt" for whatever direct goods were desired.

Later, when they came up with "dollars" and the "gold standard", banknotes were literally a form a debt that were redeemable for gold.


Anon was shitposting based off that; but by all means, forget all that and continue to believe only what your Happy Merchant School of Greed tells you about "debt instruments" and "tokens".

>> No.23383528

>>23382947
>The only jobs available are from huge multi-national corporations

Right, Anon, I am certainly the retard here. Definitely not you, the one who has corporate dick so far down their throat that they can't read an entire sentence for their view being obscured by those hairy corporate thighs.

Have you ever even applied for a job? Or are you still 15?

>> No.23384030

>>23381521
>new iphone every 6 months
This made me kek so hard.

>> No.23384036

>>23382798
Bruh did you pay 15k I have a shitter box Nissan 2002 for 3k I do proper maintenance so it still runs like new

>> No.23384786

>>23382132
was it LINK or VALUE farming?

>> No.23384865

the best debt-max plan is to buy gold/silver with a bunch of credit cards/loans, burry it somewhere, go bankrupt, and do it again in 7 years. in 28 years your last bankruptcy is cleared off your record, you're 46, and you go dig up and liquidate the massive stack of gold/silver which is probably worth 7 figures.

>> No.23385055

>>23381439
I've already payed 3 student loans

>> No.23385361

>>23383528
>firm handshake

>> No.23385400

>>23381846
youre a faggot.

>> No.23385508

ahhh geez dood.....
my leg....
I got these pills man....

>> No.23385517

>>23385055
>paying off student loans
kek, can't wait till you seethe when the gov forgives it all

>> No.23385533

>>23385517
I wont, I already payed mine off. Plus I can just go back to college for free.