The government(s) no longer are the at the head of power. Our new leaders are corporations. And they’ll do whatever to keep their money even if that means killing us.
People will do things like work 3 jobs, borrow from family members, and do whatever they have to do to pay their bills. Forcing people into that is not something to get a bonus for.
It takes a few years for people to get behind on a mortgage. Generally they can handle it for a while, but one emergency pushing them, and than another happens and they out.
Disgusting. Instead of charging 60 to 90% on a loan, why not bring that down so average people can get a home that they actually have to live in. Versus you where you buy a second home that you don’t even need.
ain't this exactly what caused the 2008 financial crisis to be so bad? way to many people were way to over leveraged so the second the magic money pile stoped growing and people stopped making their payments on time everything kinda tumbled over at once
Crazy how people continue to buy one of the most essential things available despite ridiculous prices. I can't imagine why people would want a stable place to live.
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Since when people are shocked to know that when there's a recession people need more money…and guess where they'll get it from….
The only thing I can deduce from that market behavior, is that people are wanting to borrow and expand businesses.
And this is why all politicians and corporates are Big Australia shills. Australia's number one industry is people farming. Ponzinomics.
😂😂😂😂😂
Got to get a job at a bank! 😉❤️🙋♀️
I have good credit and can't get a $1000 loan to fixmy car with insane APR and interest
Yup people are dumb dumbs!
That's the end conclusion here. Banks greedy yes. But it's stupidity that keeps them in coin.
Klarna single handedly floating the entire banking sector by letting me buy the Taco Bell Crunch Wrap Supreme on credit:
The government(s) no longer are the at the head of power. Our new leaders are corporations. And they’ll do whatever to keep their money even if that means killing us.
Its because it is near impossible to buy without credit now.
So they buy what they want knowing they may never pay it off.
This smells like 2008 all over again…
Despite how the economy is going, people still need a safe shelter where to live.
But people wont be able to pay back and the banks go like "oh no.. gov we need help"
Didn't something like that happened like… 15 years ago?
borrow more and more and more and more until total default. This YT-Short shows we are in the final stage before everything gets torn apart. Beware.
People will do things like work 3 jobs, borrow from family members, and do whatever they have to do to pay their bills. Forcing people into that is not something to get a bonus for.
Didnt age well
People borrow more and pay more. Bank rejoice till the record number of people defult on the loans. Then banks panic
u take the escalator up and the elevator down.
Even better. The high volatility means people are trading like crazy. I work for a bank and we almost hit our target for the year already.
Borrowing from banks should be illegal
It takes a few years for people to get behind on a mortgage. Generally they can handle it for a while, but one emergency pushing them, and than another happens and they out.
Because we don't have a fucking choice
What do you mean "on the brink"? We're past the edge and gaining speed on our way to the abbys.
Rich getting richer, poor getting poorer. It’s life, get over it.
Disgusting.
Instead of charging 60 to 90% on a loan, why not bring that down so average people can get a home that they actually have to live in. Versus you where you buy a second home that you don’t even need.
Each new generation has access to more and more information, and less and less actual intelligence.
People in their 20's today have the mental abilities of a child that won't brush their teeth before bed.
detach from materials = happiness
2008 vibes
Bonuses? Yeah, HUGE bonuses! 🤑
You are a very morale person
Me, who bought a 5 bed 3 bath house for 275k with 38 acres in 2019: Oof. That sounds rough
Next stop, default central 😢
ain't this exactly what caused the 2008 financial crisis to be so bad? way to many people were way to over leveraged so the second the magic money pile stoped growing and people stopped making their payments on time everything kinda tumbled over at once
Then they talk about increasing interest too because taking more than you need isnt enough.
Time for a revolution!
Bankers will always be wankers
When you have massive immigration you have no choice but to pay more for less accommodation.
Bonuses? 😏 Bonuses 😇
Spoiler. That guy got olives removed from olive oil. Look at the label.
Crazy how people continue to buy one of the most essential things available despite ridiculous prices.
I can't imagine why people would want a stable place to live.
Like how about bonuses for the working Man you know I love your videos they are funny but it's like a sad but true kind of funny
At some point people wont be able to pay, so theyll find out how bad it gets
But let's also short the bond market so hard that it looks like things are bad so we can get a rate cut from Powell and make even more money.
Bonuses?
Bonuses.
Is this video from 2007?
We work harder and barely get by to get out of the renting trap and live off scape so u can have bonuses… 😢 the dream 🎉
boni