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.

no

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.

Thats a fallacy

God, you guys are still sperging over this?

The majority of debt isnt assets

@ManAnimal Confidence which is ultimately based on the validity of assumptions surrounding collateral and the real and actual fulfilment of terms and expectations.

And mortgages NEVER stay with the bank

niggers @Son of Rome

Ever read "The Collapse of Complex Societies" by J. Tainter?

Not since securitization

^