They can't garnish what doesn't exist

Hey... 500k
With that I could start like 5 businesses, even fail 4 times and still have one working one 😜

<:shrekhmm:594037532568846346>

500 K usd is a solid chunk of money man

@CappyKrollsafe.jpg

500k usd

ill buy rental properties for days

this dumb broad bought a piece of paper

omegalul

My thing here is which underwriter thought 500k was cool to approve

A female one xD

They probably were like, the government guarantees this shit, so whateva

Indeed

Like with the housing bubble

A female one with a gender studies degree

Diversity hire

The housing bubble happened because the gov started to guarantee the loans

@conker. Just another excuse to have the government administer that program too.

Yeah definitely

housing bubble gonna crash bc milleanials dont buy houses anyways

Government creeps in everywhere

flipping houses big dumb

Same bs like in the eu

@CappyK. They also pressured bank motherfuckers to loan to people that should not be getting the money

Wealth secrets of the 1%, covers this

Yup

Well kinda

@CappyK<:tellmemorepepe:480186120823373835>

The pressure wasn't direct

@conker. They crash an industry and get up in it

Get up in dat ass like colon cancer

The question is still, then who gets all this money? I mean people basically enslave themselves
But where does the money land? In the universities?

Yeah. Then it finances commies

The idea behind guaranteeing home loans was basically that home buying is a sign of good economic growth, ergo, let's make more home buying happen.

The problem is that it's a symptom of a strong economy, not a driver.

So, the shortsighted idea of assuming a causal relationship lead a bunch of people only hoping for growth to treat it like a driver.

notice, they did the same with college

College grads earn more money, ergo, send more people to college

Except it's not college grads, its smart sends conscientious people tend to go to college and then apply that knowledge to learn more. College isn't the driver, it's a force multiplier.

problem is, when you send Stacey, Chad, and Tyrone to college, you get tree problem with automation: garbage in, garbage out.

But *faster*