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RE: Real Dangerous Bubble: global debt > 233tn$

in #prameshtyagi7 years ago

There is no danger. Debt itself is the damage already manifest in the form of "debt slavery". You are a slave working for the bankers. A house that actually costs $300,000 you end up paying $1million with interest. You slave for 30yrs to pay it off. The bank risks nothing abd loses nothing even if you default. Never take any loan.