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Debt jubilees - a way to ensure no-one ever gets another loan, ever again. Great idea.
Nice simplistic response. Lets me know how many brain-cells you're willing to rub together before hitting the post-comment button, so thanks for that. Hey, asshole: BANKS GET BAILED-OUT ALL THE FUCKING TIME, FOR THEIR MISTAKES, WHILE NEVER PARDONING THEIR CUSTOMERS WHO END UP GETTING DOUBLE-SHAFTED. So why not bail-out the people, from time-to-time— especially when the economy has been intentionally collapsed by a heavily-organized coalition of politicians and billionaires?
Get the fuck out of here, smooth-brain.
Faggot, if jubilee was in 6 months, would you loan someone money beyond that 6th month?
No.
Youre trying to conflate a bailout with a jubilee and it's fucking retarded.
"Every 10 years we will have a debt jubilee." So, who the fuck will lend you money that extends 1 day beyond the jubilee? No one.
Did I say "every ten years"? Don't put words in my mouth. They literally shut-down the economy, and made it impossible for otherwise-perfectly-financially-responsible individuals to repay their debts. Why not a one-time solution to a one-time problem? You're replying to what you're assuming I'm implying, rather than the literal words that I'm typing. If you want to get biblical: they would actually do it every 50 years; and the implication is that it was done generationally. But here we are, in this modern kiked world of usurious-lending specifically designed to enslave people: and you're worried that people won't be able to get loans anymore? *sigh*
Whatever. It doesn't really matter, 'cause there's going to be a jubilee either way, once the economy/nation completely collapses and the entire continental United States turns in to equal-parts Mad Max and Planet of the Apes.
The entire point of jubilees is that profiting off human misery would be short lived at best. It also makes usury impossible, since hte interest would be forgiven. No one can get a loan? Fucking good, then maybe we can focus on the real price of an item, instead of the super inflated cost we have thanks to the way debt works these days. At the going rate, a new car will cost 100,000 in less than a decade
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