Most important is the success that the finance industry has had in convincing the populous that prompt debt repayment is next to Godliness. Never before was virtue tied up with debt repayment. But now, people are expected to impoverish themselves, eat twinkies, live in boxes, and sell kidneys to repay debts. A debt that can’t be repaid, historically won’t. And it shouldn’t. Excessive interest is usury, and excessive charges from monopolies that corner people into participating with a one-sided loan, are unjust.
If you default on a loan, perhaps you’re a creep. But perhaps you can’t repay it. And if you can’t repay it, it was a bad loan and a bad business move by the bank.
Aurelius
npub169…v2thg
2023-07-06 11:57:47
in reply to nevent1q…64gc
Author Public Key
npub169yu4d6xl8a6d4xvfyhstjdxr0cc7qtfq5pch5kwv4k2wkapa3pq8v2thgPublished at
2023-07-06 11:57:47Event JSON
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