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RE: Debt attracts debt

in LeoFinance4 years ago

It is a cycle, but a basic income has to be earned in some way, otherwise it comes "too easily" and gets undervalued. What needs to really happen is that everyone has to start recognizing that ownership of a piece the economy is the only way to distribute the risk. This would mean less very high earners, but less very low earners. It takes time and a paradigm shift in mindset that most will not choose, because we live in an instant gratification world, and people want things they can't yet afford - so take on debt.

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Hello tarazkp :) Thank you for everything.
I don't think basic income should be earned in any way, it can never be too easy because I think life is anything but easy and I dare say many children perceive the world as very threatening and that often does not change anymore. And I don't mean that basic income would be undervalued. People would be happy and a great burden would be lifted from them. It would be a way that the girl, for example, would not have to be afraid at school and tears would come when the teacher would ask where they were on vacation and everyone was in Italy or at the seaside and the girl herself was at home because the parents did not have the money. And it would be a way to lower a little bit the pressure of education and the need to find a job would be lowered and one's own spirituality could be felt and one could do one's own things that would come from the depths of the self, where the person in school often cannot achieve this and often only paralyzes him and many children, with grade 3 or 4-6 are declared a non-achiever.
I also believe that everyone should have ownership of a piece of the economy, but to this it is often not enough and many people need help to have this. It doesn't help a little girl or a little boy much when people do realize things and think that owning a piece of the economy is the only way to distribute the risk, but there is just literally nothing left at the end of the month.
Maybe a lot of adults live in a world of instant gratification, children don't, they have to beg for everything and are often, I would say, rather rudely rejected. I think, the poverty of people, and by that I mean, moreover, the poverty of children, and moreover, the poverty of children where the parents are rich, should be stopped.