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Because the game is rigged. Citizens without debt are a danger to the established order. Why else are young people encouraged to get into tens/hundreds of thous
by uhtred 8y ago
Because the game is rigged. Citizens without debt are a danger to the established order. Why else are young people encouraged to get into tens/hundreds of thousands of dollars worth of debt, for a degree in something vague like "business", just to become recruitment consultants. After that they are encouraged to buy a big house (in other words take on a huge mortgage), and 3 cars. Debt keeps citizens chained down and the rich rich.
- justwalt 8y agoIn the case of housing, how is having a mortgage worse than renting? You could at least sell the house and have [some of] the money back.
- uhtred 8y agoI guess I should have emphasised a BIG mortgage. As in, own a house way bigger than you need. I agree, owning is probably better than renting.
- uhtred 8y agoActually I take back the mortgage part. People these days are lucky if they can afford any kind of house, big or small, at least in or near big cities. Most people are probably just glad to own anything let alone a big house.
- neuralRiot 8y agoSome might see your comment as a tinfoil hat conspiracy theory but a customer of mine who is a medium size business owner (around 150 employees maybe) once told me he helped his employees to get credits because he knew that way they would be more pressed to stay on the job.
- pjscott 8y agoHow would the Established Order coordinate this? That's an awful lot of people who all have to work together to make the conspiracy function, and there would be a big temptation for rich people to shirk their oppression duties and just free-ride off the efforts of others. https://en.wikipedia.org/wiki/Free-rider_problem https://en.wikipedia.org/wiki/Free-rider_problem