The Money Trap | How Banks Control the World Through Debt
the answer to debt is DON'T BORROW WHAT YOU CAN'T PAY BACK.
If somebody offers you a free doughnut, are you going to knock it back.
Majority of people will take it, I reckon.
If somebody can't pay their debt, you don't sell them more debt unless your the US Government. Try that with your Neighbor, lend him a $500 and if he can't pay it back, offer to lend him another $500. You can only do that if your a Bank because that $500 is costing them $Zero and it's worth is also Zero.
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