Usury…I had a feel for the hidden usury and capitalist skimming, and its much worse than the mere interest on your loan
The incredible facts are these:
1. In construction a whopping 75% of prices are related to costs for capital. Meaning that if we buy a new $100,000 home, $75,000 is lost to banks and other financiers.
2. When we buy the house with a mortgage, we will not only pay $100,000 for the house, but an additional $150,000 in interest over 30 years.
3. So we pay a total of $250,000 for a house that actually costs no more than $25,000 to build.
That means, all else being equal, you work to build 10 houses and only end up with one house. This is not hyperbole, not hypothetical, not fake news. This is capitalism. The only reason its been working out is the increase in efficient manufacturing and ongoing exploitation
go ahead stock, read about it, others will
Usury..so all the people that didnt think about it or didnt have time to think about it now know what stock and razzz dont know, even though they claim THEY know and everybody else is a moron. This of course makes them look like morons, so if they care about reputation or anything they better wise up
‘So, you lose 40% (!!!!) of your disposable income to interest through prices.
Interest is being payed by people borrowing money and received by people having loads of it. So it is per definition a wealth transfer from poor to rich.
It transpires, that about 80% of the poorest people pay more interest than they receive to the richest 10%.’
this is a capitalist success story;
“In Germany the poorest 80% pay 1 billion Euros in interest to the richest 10% PER DAY. Yes, that’s right, one billion euros per day. That is a grand total of 365 billion euro’s per year. That is one seventh of German GDP and extrapolating this to America, the poorest 80% must be paying at least a trillion a year.
Can I use the fuck you meme? Well fuck the capitalist and his apologies, denials, lies and the millions of minions that support him.
you people out there, you spend 3/4 of your working life supporting those rich capitalists who gain their entire wealth from YOU. Read and weep for your lost years, your wifes lost years, your childrens
“Worse still: approximately half our own disposable income is lost to interest, on top of the taxes we pay. Combined interest + tax takes 75% of our gross income.”
“It has been established that 45% of prices we pay are for interest on business loans or other capital costs. No less than 50% of taxes we pay go to servicing the National Debt and capital costs included in prices the Government pays”
capitalism and usury. Here its well laid out. Why capitalist usury is an unsustainable wrecking ball. And an obvious solution
stock and razzz, Ive been over this in many different ways. You cant call me a blind purveyor of fake and preposterous idiocies if you dont read up. Thing is,,,other people WILL, and you will be left in the dust with your pants down