8 ms·
If we can develop complex finacial instruments that manage to package up mortgage debts and sell them off then we can find a way to make capitalism work for the
by budu3 19y ago
If we can develop complex finacial instruments that manage to package up mortgage debts and sell them off then we can find a way to make capitalism work for the poor.
- anaphoric 19y agoActually micro-credit works. The one supplying the capital needs to be fair about the rate they get in return though.
- apotheon 19y agoOoh, magic! Capitalism already works for the poor! Notice that in the more-capitalistic nations, the "poor" are richer than the "middle class" in less-capitalistic nations, in general.