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A Costly “Free Market”: Forever Climbing Debt

2023-02-07 07:12:36

"So far, every form of society is based on a conflict between a repressive class and a suppressed class." Karl Marx. The irony surrounding the term "free market" is open, but it has always been ignored. As inflation grows to a dangerous scale, our currency system will necessarily steadily decline the dollar until it is abolished and replaced. "Modern financial mechanism" is the final failure of the loan, the process of debt and interest, which is never balanced, but only worsens and decreases. Recently, this economic slavery turning point, real estate bubble, bursting due to too many small variables, these variables are simply fragments of large equations.

Everyone knows what the stock market is. However, many people do not understand that people with real wealth are using the debt market to obtain the continued benefit of their portfolio. But what is debt? Debt is synonymous with loan or credit. This means that there is something that you need to repay for people borrowing money. Lenders are those who invest in debt. When you buy an item through a credit card, that money does not appear magically in your account - while other people are investing in your debt. In this way, the bond market basically functions for all financial instruments.

Mortgage experts are on both sides. Some people say you ought to pay off, so you do not have any debts at all. Others say that this extra money is invested in savings and investment. I will leave that decision to you. As long as debt does not exceed 70% of the market value, you will be okay if you choose not to pay home. (30% will allow the housing market to decline.) For example, suppose your house has a fair market price of $ 150,000. 70% of $ 150,000 is $ 105,000. If your debt (payment amount) is $ 105,000, you should be okay if you have to sell. Warning: I am okay, will you break as well? If you want to make a profit you need to expand the housing market or reduce your debt.

Every engineer must repay the technical obligation. Ugly code, sometimes convenient, sometimes ignorant, usually. Start up like a metaphor of this debt. I heard that the founders are talking about indicator liabilities, marketing liabilities, and even people's debts. If you refuse to grow the organization, debt will accumulate. Well, like a shadow, there is another debt that seems to follow these meteor leaders. There is no fundamental decent thing, a decent organization is established and established. Just like technical debt, it is by ignorance and convenience than by malice. There is no doubt that some of the leaders are anti-social forces, but most people will argue that they are not trying to make things worse. They did not bother doing enough things to make them better