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As a society, we want your enterprise to exist and be owned by you, an individual, not a lending company. We need a different system that can fund you and keep
by gbear605 7y ago
As a society, we want your enterprise to exist and be owned by you, an individual, not a lending company. We need a different system that can fund you and keep you funded as long as it’s a good business, which means even through events like this one. I’m not sure exactly what that looks like, but it’s not our current system.
- lotsofpulp 7y agoIt looks like the government depositing sufficient cash into your bank account to prevent defaulting on debts.
- xyzzyz 7y agoIf it was easy, someone would have figured it by now, after hundreds of years of shareholder capitalism. At the end of the day, real world business is risky, and someone must be taking that risk. If lending companies are asked to both front the money and take the risk, there will be no lending companies and no financing.
- gbear605 7y agoIn that case perhaps the solution involves no lending companies.