How US banks are destroying the American economy
- added July 12, 2008
- 2 responses
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- lecoke
- added this
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US banks are parasitically feeding on the debt problems of America.
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Banks love debt because debt collects interest. I personally have roughly $65,000 in student loans which i should be paying off, but the banks keep letting me defer on them because every 6 months that i'm not paying them are 6 more months of interest. A $5,000 loan turns into a $6,000 loan pretty f'n quickly!
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- mookster_07
- 3 months ago
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It's not that Banks are bad but the concept of ultimate greed and the unscrupulous bandits that are allowed to run them.
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