Or better yet … more and more people will start to realize that it’s cheaper in the long run to just skip your loan payments. Even if you lose everything, how much more can you lose?
And when enough people lose, the banks and corporations start losing as well. So it’s in the best interest of the banks to keep everyone afloat as long as possible to keep up the illusion that the system is still working.
It’s a precarious balance between making people believe that they need to stay in the game and stopping them from thinking that the game is rigged.
Only debt I have is a mortgage and I don’t like having that either but there isn’t really a better choice. Landlords are scum so at least I don’t deal with them anymore.
Or better yet … more and more people will start to realize that it’s cheaper in the long run to just skip your loan payments. Even if you lose everything, how much more can you lose?
And when enough people lose, the banks and corporations start losing as well. So it’s in the best interest of the banks to keep everyone afloat as long as possible to keep up the illusion that the system is still working.
It’s a precarious balance between making people believe that they need to stay in the game and stopping them from thinking that the game is rigged.
Only debt I have is a mortgage and I don’t like having that either but there isn’t really a better choice. Landlords are scum so at least I don’t deal with them anymore.
They’re going to make debtor prison a thing, put people to work to pay it off at prison wages.