Why are we all going bust? : BrainBoxx
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The fact that this is happening in both the UK and the US is evidence that the issue of "Why are we all going bust?" is far more broad than both your explanation and your solution. Don't get me wrong. I don't have a broad enough explanation or solution either. However I do have a hint. Why are we all going bust?... Derivatives...
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That was very interesting and informative (:(:
thankyouu
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im confused
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Lots of bank and monetary related videos and information around the web already....
Our very way of life perpetuates debt as long as we use banks, which are near impossible to be without these days....
Do you ever wonder why?
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well that was a replay on t31os for whoever would be interested.
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well, maybe an idea to explain what your saying here in a video response. It sounds interesting and useful to watch.
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SHUT UP POO HEAD HAHA RAZ FTW
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I'd recommend looking into the monetary system more, you have some good information but it is lacking and i don't feel you have a proper understanding of the banking/monetary system.
I'm no expert but you've missed some important factors, such as how banks create money out of thin air when they give you a loan.
And how they can lend 9 times what they have in actual capital. eg. for each £1 they have, they can lend £10, and so on...
t31os 3 years ago 3
Look at you, arguing and insulting over the internet from behind a fake name. Aren't you the absolute best example of humanity? Being helpful, explaining things to people who might not know, and speaking properly is something people should appreciate.
Unlike your curse-infested random spew of meaningless, impolite and misspelt word-vomit.
Why don't you learn from the basic three-year-old principal of "If you don't have anything nice to say, don't say anything" and go play back to school.
JoPOW7 3 years ago 2