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It's amazing. Meanwhile your fellow Europeans wouldn't trust to lend you their power drill for a weekend, even if you've known each other for 30 years. My Euro
by carlosjobim 9mo ago
It's amazing. Meanwhile your fellow Europeans wouldn't trust to lend you their power drill for a weekend, even if you've known each other for 30 years.
My European business banks have never offered any kind of line of credit. Of course they probably would if I needed, and went there to grovel and prostrate myself. In contrast, my American business bank just sends unprompted e-mails sometimes asking if I would like to borrow a bunch of money.
American trust is based on rationality and intuition, while European trust is based on rules and authority. That's why business can flourish much more in the USA.
- beAbU 9mo agoNah, more like the money is lent out because it's so profitable to exploit americans addicted to debt.
- beAbU 9mo ago> That's why business can flourish much more in the USA. And look where that's gotten you.
- carlosjobim 9mo agoIndeed!
- fransje26 9mo ago> In contrast, my American business bank just sends unprompted e-mails sometimes asking if I would like to borrow a bunch of money. > American trust is based on rationality and intuition Just remind us where the 2008 subprime crisis started again?