Monday, January 21, 2013

How Banks Control the World Through Debt

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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