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Setantii

Debt Slavery In Basic Terms

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Say it takes a days work for a bank employee to process a mortgage application for a customer.

If the mortgage is over a period of 25 years and one days pay per week is needed to repay the mortgage, the customer is essentially giving up 5 YEARS of work for the initial days work it took the bank sorting out the paperwork to conjour up the money out of thin air in the first place!

This is debt slavery in a nutshell.

Edited by Setantii

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Say it takes a days work for a bank employee to process a mortgage application for a customer.

except it doesn't, not anywhere near

If the mortgage is over a period of 25 years and one days pay per week is needed to repay the mortgage, the customer is essentially giving up 5 YEARS of work for the initial days work it took the bank sorting out the paperwork to conjour up the money out of thin air in the first place!

This is debt slavery in a nutshell.

so this is wrong and entirely ficticious, baloney, nonsense, silliness

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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