Post
Topic
Board Economics
Re: It's not smart to borrow funds and Pay back
by
stomachgrowls
on 24/08/2024, 16:21:39 UTC
Only a fool takes a loan and pays it back, the point is when borrowing, especially for large loans, go bankrupt, get the money out somehow, use a good accountant and don't pay anything back. if you take a loan in order to pay it back, you are a loser because the interest is your work and the effort you give away. besides, banks print money out of thin air, so this money is free for everyone.
Money makes money so with this money you can set up the real honest business or to set up next business on other person name keep money flowing then build some credit history and take new loan.
That's the smart way and your time efforts getting paid and you make atleast something out of it.
Lol, what a dishonest mindset. If you take a loan and don't pay it back you are actually stealing from someone. It's not free money, it's the money from the bank's customers you are borrowing. If you think the lending model offered by banks is unfair and abusive, just don't borrow money from them. Find alternative possibilities of raising funds which don't involve you scamming the lender in the end.

Anyway, people should be careful with you. With that kind of subversive mindset where being honest means to be a loser and to be a scammer means to be smart, it seems people around you will be in constant danger, besides having to be attentive to their pockets...
Totally laughable into this kind of behavior of someone who do really make out some suggestion about taking up some loan but having plans on trying out to not to pay? You are really that putting yourself into some
potential legal issues that you would be facing off specially we are talking about bank transactions on which we know that this would really be that totally easy for you to ran off a certain loan.
You have signed some contracts in regarding on the loan and its term payments. On the moment that you would really be running away then you would be might be having that civil case
and if you wouldnt really be trying out to evade or would be mislead them then it might be ending up on having that criminal case on which it is really that indeed punishable.

The thing that comes up into his mind on why he had made out such advises is that because banks are fucked up.Government  printed out unlimited fiat and thats why
he would really be having those thoughts in mind and giving out some shit advise.  Grin