Message from @conker

Discord ID: 600688938059038751


2019-07-16 13:59:57 UTC  

They can't garnish what doesn't exist

2019-07-16 13:59:57 UTC  

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

2019-07-16 14:00:12 UTC  

<:shrekhmm:594037532568846346>

2019-07-16 14:00:35 UTC  

500 K usd is a solid chunk of money man

2019-07-16 14:00:37 UTC  

@CappyKrollsafe.jpg

2019-07-16 14:00:58 UTC  

500k usd

2019-07-16 14:01:03 UTC  

ill buy rental properties for days

2019-07-16 14:01:12 UTC  

this dumb broad bought a piece of paper

2019-07-16 14:01:15 UTC  

omegalul

2019-07-16 14:01:16 UTC  

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

2019-07-16 14:01:38 UTC  

A female one xD

2019-07-16 14:01:43 UTC  

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

2019-07-16 14:01:54 UTC  

Indeed

2019-07-16 14:02:01 UTC  

Like with the housing bubble

2019-07-16 14:02:24 UTC  

A female one with a gender studies degree

2019-07-16 14:02:32 UTC  

Diversity hire

2019-07-16 14:02:57 UTC  

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

2019-07-16 14:02:58 UTC  

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

2019-07-16 14:03:09 UTC  

Yeah definitely

2019-07-16 14:03:16 UTC  

housing bubble gonna crash bc milleanials dont buy houses anyways

2019-07-16 14:03:23 UTC  

Government creeps in everywhere

2019-07-16 14:03:25 UTC  

flipping houses big dumb

2019-07-16 14:03:31 UTC  

Same bs like in the eu

2019-07-16 14:03:32 UTC  

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

2019-07-16 14:03:33 UTC  

Wealth secrets of the 1%, covers this

2019-07-16 14:03:41 UTC  

Yup

2019-07-16 14:03:49 UTC  

Well kinda

2019-07-16 14:03:52 UTC  

@CappyK<:tellmemorepepe:480186120823373835>

2019-07-16 14:03:57 UTC  

The pressure wasn't direct

2019-07-16 14:03:58 UTC  

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

2019-07-16 14:04:22 UTC  

Get up in dat ass like colon cancer

2019-07-16 14:06:15 UTC  

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?

2019-07-16 14:08:38 UTC  

Yeah. Then it finances commies

2019-07-16 14:25:41 UTC  

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.

2019-07-16 14:26:04 UTC  

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

2019-07-16 14:26:55 UTC  

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

2019-07-16 14:27:01 UTC  

notice, they did the same with college

2019-07-16 14:27:26 UTC  

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

2019-07-16 14:28:14 UTC  

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.

2019-07-16 14:28:53 UTC  

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

2019-07-16 14:29:02 UTC  

But *faster*