music man Posted June 17, 2009 Share Posted June 17, 2009 A simple philosophy would argue that if house prices started to rise again at a decent rate then repossessed houses would be no longer in negative equity. If that happened those individuals who have had and are having their houses repossessed at the moment would be screaming at the banks for takings property that was still in or returning to credit. It canot happen as this economy and politic is based on debt slavery. The philosophy of money makers is to pull the plug every now and then on credit to then steal goods from the working class. Maybe I am wrong but for a Nation that had control of so much of the world in the past we don't as subjects or citizens seem to have benefitted much. I have to admit certain families seem to do well from this moneyed system. Let me know your thoughts.... MM Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted June 17, 2009 Share Posted June 17, 2009 Maybe I am wrong but for a Nation that had control of so much of the world in the past we don't as subjects or citizens seem to have benefitted much. Not as a nation, just rich individuals who screwed it all up by being self serving greedy bar stewards. Luckily debt is wealth so we'll be fine. Quote Link to comment Share on other sites More sharing options...
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