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Because you didn't owe enough money to tank the world economy if you went broke, mainly. Small debtors have no power, but huge debtors do.
by not2b 5y ago
Because you didn't owe enough money to tank the world economy if you went broke, mainly. Small debtors have no power, but huge debtors do.
- throwawayboise 5y agoYep. If you owe the bank $1,000 that's your problem. If you owe the bank $100M that's the bank's problem.
- arcticbull 5y agoI mean small debtors just get to declare bankruptcy and not pay, which is a pretty good power to have. Large debtors have broader obligations to the community.
- wizzwizz4 5y agoSo why don't debtors unionise?