posted on Sep, 24 2017 @ 08:51 AM
originally posted by: Edumakated
originally posted by: 3NL1GHT3N3D1
The more debt the people accrue the more power companies have over them. This is deliberate and has been in the works for decades.
The bigger question is why are people so gullible and materialistic?
In my first of of college level Economics 101, the grad student instructor told us that the first law of economics was that "human greed is
insatiable." It is an aspect of human nature because it is a firmly proven "need" of survival.
Of course, with our having our big heads for a long time now, we should be able to surmount that age-old problem. But creature comforts are so damned
In later class sessions, that grad student, working on his Ph. D.,told us that he purchased everything on credit. His simple argument was that a
promise to pay tomorrow let you get in your paws on you desires today rather than doing without while saving for it. (His ethnicity was always a
factor in his viewpoint i figured. Now, I understand I was/am racist.)