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Subject: debt written off
Replies: 24 Views: 432
pmbguy 18.08.18 - 07:53am
[link]Many South Africans could have their debt written off:https://businesstech.co.za/news/finance/264701/many-south-africans-could-have-their-debt-written-off-but-is-it-really-that-easy/amp/[/link]
kinda sounds like a good idea, but could have dire consequences...
do you think writing off the debt of poor people would improve the economy or actually leave the poor in a worse position in the long run since it means they'll find it more impossible to quality for loans in the future... * +
sourface 18.08.18 - 07:57am
Have you still got that hat? * +
pmbguy 18.08.18 - 08:23am
I think it's somewhere around, not seen it for a while, but I think I still got it...
* +
vampboy 18.08.18 - 08:28am
Okay, when you find it, hit me up, I will be there with a couple of joints and a peace sign. * +
pmbguy 18.08.18 - 08:31am
lol, will do 
* +
shadow27 18.08.18 - 08:39am
Michael Franti was involved in a movement to wipe all national debt everywhere during the millenium, can't say I can see any negatives to that. Jubilee or something it was called..
As it is we are probably in for another Engineered Global Financial Crisis (which somebody always profits from anyway) so, fu*k it.. why not? * +
pmbguy 18.08.18 - 08:49am
the negatives are that if banks and financial institutions tighten lending regulations, getting loans in the future will be borderline impossible...
think of your kids and future generations... * +
shadow27 18.08.18 - 08:59am
Ad I just saw:
Find No-Loan Debt Relief
Learn how Aussies are paying down bad debt faster and reducing payments. * +
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