A good video explaining our debt slavery system.
It's on youtube, so he doesn't name the jew, but the theory is solid.
https://www.youtube.com/watch?v=Dhr4q8-J0m8
@dwarvenallfather @Justicar
It's discouraged by every single religion and ancient teachings.
Debt is very bad as a concept, since if you're willing to invest in something, you should simply invest - that's what company shares are for.
It serves a much better purpose and it's actually beneficial since all the investors are directly tied to the success of whatever enterprise it is. Also, dividends come from PROFIT, which is another incentive to keep the business lean, focused and grounded.
@Zeb @dwarvenallfather true but you need debt in order to grow the economy. there is no way around that. i think that interest should be simply fixed and capped. like, you can charge no more than 20% of the principal in total. you can adjust the yearly remainder with inflation but that is about it. today, if you look at mortgages, you usually pay 2.5x of the borrowed amount. no wonder people cannot afford homes.
