Nice Nice Video. I really loved your video. Youtube can be a great asset for you. If you need any help getting your video exposed, check out this site called tubeviews [dot net] It has really done wonders for me, I have built 3 Channels up with videos at top in position and this is my forth channel i'm going to working on.
All this companies have been in business for a long time and yet need to keep relying on borrowing to stay afloat...even to pay salaries. Perhaps something is wrong with the current business model.
I'm the reason for all this. You see, I quit spending money, thus driving everyone into bankruptcy. I also quit buying gas, driving prices down. Eventually they will acknowledge my power. I don't need them. They need me, these institutions. I'm the one with the power. I can survive without them. I am the consumer. I am the voter. I am the public; I am you.
Credit can be useful and truly boost an economy and quality of life.
For example, student loans and home loans. Student loans are important because most students would have a VERY difficult time paying for college, and students like me may not have had the option at all.
Homes are an investment. As a country that hardly saves, at least home equity is paid into.
The problem lies in BAD debt - debt to someone who cannot pay for it and/or debt that is not invested
Credit was created so prices can rise. Homes, School, all of this at one point and time was affordable without the use of credit. I'm sorry but credit cards, loans, all of this has done nothing but destroy our country, risen the cost of living, and make the working class work harder than it has to. I dont get my information from websites or any of this, i get it from my father, and grandfather who have lived through those days... This sucks
that whole bailout was stupid, what do think people have massive amounts of money to borrow. What did washington want to do start a second round of bad loans. They are so incompetent it's disturbing. They should have put that 700 billion in our pockets and we'll decide if we want it to trickle up. cash is king!
This reminds me of someone taking a piece of gum to stop water from comming in. Then water shoots out another hole.. and so on. That is where we are at and the federal reserve will stop at nothing to bankrupt our government and cause a hyperinflationary depression the likes of which we've never seen. During this time, just focus on family, loved ones and friends and whatever job/income you can live off of.
It's nice to hear a voice of reason. I would add that this would have never happened with "mom and pop" shops. And if people would buy based on the money they have, not the money they expect to have. It all boils down to greedy corporations and greedy consumers; and the government supports this philosophy because they get to scrape in the all mighty tax dollar.
Hear, hear. Having worked for BB in the past, I can also say that management don't look after their staff too well either. Corporate B.S. that's passed down the line wanting them to breathe down your neck all the time and talk to customers that clearly don't want to be bothered. Oh! and having to listen to how well the store did regionally and nationally...every fucking day...who gives a shit?
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Nice Nice Video. I really loved your video. Youtube can be a great asset for you. If you need any help getting your video exposed, check out this site called tubeviews [dot net] It has really done wonders for me, I have built 3 Channels up with videos at top in position and this is my forth channel i'm going to working on.
Nice.
Spencerdggj 2 years ago
you know moving to europe now is going to cost you alot, you are going to phail.
Balthazaris 3 years ago
my poor 200$ giftcards... :(
justmessingaround123 3 years ago
Global demand for oil is falling? I didn't know that.
Piccolo49 3 years ago
Nice vid. Thanks for sharing.
MyFreeCredit 3 years ago
Ain't much better there kid.
SteelVelocity 3 years ago
yeah good luck with that
rj5150 3 years ago
All this companies have been in business for a long time and yet need to keep relying on borrowing to stay afloat...even to pay salaries. Perhaps something is wrong with the current business model.
litocnhavoto 3 years ago 2
Not even Alan Greenspan knows the answer to that... T_T
SteelVelocity 3 years ago
Alan "I made a mistake" Greenspan?
launchpadmcquak 3 years ago
I'm the reason for all this. You see, I quit spending money, thus driving everyone into bankruptcy. I also quit buying gas, driving prices down. Eventually they will acknowledge my power. I don't need them. They need me, these institutions. I'm the one with the power. I can survive without them. I am the consumer. I am the voter. I am the public; I am you.
themanyone 3 years ago 9
wow that was great
rh7onda7 3 years ago
So true but unfortunately its some of "Us" that work for them and loosing to.
spacepope87 3 years ago
The 2nd Great Depression continues...
TrunksVegetaSS 3 years ago
yikes...
jdrizd2 3 years ago
Don't completely bash credit.
Credit can be useful and truly boost an economy and quality of life.
For example, student loans and home loans. Student loans are important because most students would have a VERY difficult time paying for college, and students like me may not have had the option at all.
Homes are an investment. As a country that hardly saves, at least home equity is paid into.
The problem lies in BAD debt - debt to someone who cannot pay for it and/or debt that is not invested
hawaii8087 3 years ago
Credit was created so prices can rise. Homes, School, all of this at one point and time was affordable without the use of credit. I'm sorry but credit cards, loans, all of this has done nothing but destroy our country, risen the cost of living, and make the working class work harder than it has to. I dont get my information from websites or any of this, i get it from my father, and grandfather who have lived through those days... This sucks
xzero331 3 years ago
America,, a nation that cant survive with out credit... Thats sad.. I mean, who pays in full with cash anymore? Do you know anyone thats not in debt?
vdubs4life1964 3 years ago 2
A lot of people are getting out of debt with bankruptcies and foreclosures! LOL.
FatLibertarian 3 years ago
that whole bailout was stupid, what do think people have massive amounts of money to borrow. What did washington want to do start a second round of bad loans. They are so incompetent it's disturbing. They should have put that 700 billion in our pockets and we'll decide if we want it to trickle up. cash is king!
jenniferann2 3 years ago
This reminds me of someone taking a piece of gum to stop water from comming in. Then water shoots out another hole.. and so on. That is where we are at and the federal reserve will stop at nothing to bankrupt our government and cause a hyperinflationary depression the likes of which we've never seen. During this time, just focus on family, loved ones and friends and whatever job/income you can live off of.
FatLibertarian 3 years ago 3
It's nice to hear a voice of reason. I would add that this would have never happened with "mom and pop" shops. And if people would buy based on the money they have, not the money they expect to have. It all boils down to greedy corporations and greedy consumers; and the government supports this philosophy because they get to scrape in the all mighty tax dollar.
schmiddr2 3 years ago
Well, if Circut City and Best Buy wouldn't ass-rape their customers maybe there would be less of an issue :P
karinablack 3 years ago 2
Hear, hear. Having worked for BB in the past, I can also say that management don't look after their staff too well either. Corporate B.S. that's passed down the line wanting them to breathe down your neck all the time and talk to customers that clearly don't want to be bothered. Oh! and having to listen to how well the store did regionally and nationally...every fucking day...who gives a shit?
CrikeySpiders 3 years ago
Fuck them!! - Idiots. They report a loss because some overpaid jackass says they will make "this much" money and they don't.
If it works for them; then I am suffering a 1 million dollar loss this year.
isegoria1 3 years ago 8
oh dear
modelmotion 3 years ago