The Credit Crunch Explained
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11:11
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mad world innit
91Holdem 4 weeks ago
The ROOT CAUSE of the crash was LAND. Debt after debt was poured into land because it was not taxed. Gains in LAND are tax free. Loans can be secured against LAND as if repossessed the lender pays no tax on the LAND. So much money was poured into land rather than enterprise that it fell over and took all with it.
SOLUTION: Tax the VALUES of all land and its RESOURCES. Not the house (the CAPITAL), the LAND, ALL LAND, even fields. This means no Income Tax. Look up Geoism.
NearAbbeyRoad 4 months ago
The description should be changed to "How you robbed graphixmdp" because this isn't your video!!!
xXxDANMANxXx 5 months ago