Posted by: 3966152?
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Archived on: 11/7/2020 10:00:00 AM
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[–] 25098296? 2 points 2 points 4 points (+4|-2) ago
Absolutely. But the morons thinking all debts and mortgages will be erased are out of touch with business reality. More examples of people wanting something for nothing.
And yes, downvote me if it helps you cope with that reality.
[–] 25098853? 2 points 1 point 3 points (+3|-2) ago
I did downvote you, but not because I don't respect your voice. I think it's time that 'we' the people are no longer forced to pay for things like $50,000 hotdog parties at the White House.
[–] 25101210? ago
Ah... business reality. Not that disagree woth the idea that a jubilee might be improbable. I just think that the question needs to be addressed.
Please do enlighten us. How is debt created and extinguished.........
[–] 25104373? ago
Debt isn’t a new concept. In Biblical times, you’d barter or repay your debt. If you borrow a cow, you owe a cow or some item(s) that would be equivalent after an agreed upon time. If debt isn’t expected to be repaid, then it’s called a gift.
It’s pretty obvious by people’s positions on this that most have never owned a business and only been life long consumers and low level employees, which presents a whole separate set of issues.