Message from @DeadBravo
Discord ID: 680893761060077621
Well, its more basic than this
let them
They think all banks will suddenly turtle up and impose near impossible conditions for someone to ever be granted a loan
It was like he was *just* realizing the actual reason "Democracy" goes haywire.
banks are a scam and so is insurance.
People accept a fundamental fallacy: they ALWAYS have the right to ignore
NI 🇳🇪 🇳🇪 ER
@Seven Proxies But they will. They're ahead of the game, so they'll just either do a Barclays or they'll immediately realize as much as they can and then fuck off to NZ.
But if there is no COMMON stake in anything, democracy fails
They will do this way, way ahead of the public. Because they're shits.
there will always be the common stake for self preservation.
self preservation is best done in groups
the larger the group, the better the chances.
also called the status quo
legalise murder
If the conservatives all leave public schools, who remains protest when teachers start saying nice things about Stalin?
legalise murder, ok but only for centrists.
yes only centrist get the right
What we are seeing was inevitble
@PhilosophicalZombie I don't think the banks that made a business out of granting bad loans have the upper hand though, because they mostly rely on government institutions to do the repossesions and freezing debtors assets and stuff.
If the government suddenly goes "Sorry, you banks get no help from us in getting money back anymore. If you granted a bunch of bad loans, then tough luck buttercup! It's not our problem" All those banks would go belly up in an instant.
other way around
we're anti-centrists here
Repossessions? You kidding?
@Seven Proxies They have the upper hand because they have international holdings and more options, whereas politicians are elected locally and nationally. Banks deal in real stuff. That's why.
Why would they BOTHER?
let the banks go belly up!
fuck the banks
They just write those losses off
literally only a drain upon society.
And the few that DO PAY are like a 20:1 bet
Assbags like to talk about how "it's all a confidence game", but that isn't true. Or at least not nearly to the same extent as it is to politicians.
So they always win enough to stay at the table
Nah I like the banks
Even without reposessions
Which is also why it ultimately becomes this fuckstick philosophical question ending up with Hanlon and Lewis and shit when you have to ask yourself "which is worse?".
The banks save us all
Without banks where would society be
It's PARTIALLY a confidence game
I mean all that props up an economy or value of a currency is confidence
@PhilosophicalZombie Like I said, they still rely on government intervention to enforce the contracts of all the loans and mortgages.
The government is essentially acting as an attack dog to the banks. If they lose that attack dog, they'll have thousands of unpaid loans floating around out there with no means of ever getting that money back. They'll take a massive hit and some banks will simply die from it.