• RememberTheApollo_@lemmy.world
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    35 minutes ago

    Yeah but I don’t get to write off the loan or cancel part of it if I don’t make the money and the bank can come after my assets for failure to pay. This is not the same thing.

    • partofthevoice@lemmy.zip
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      22 minutes ago

      Write off the loan and cancel part of it? I’m not familiar with those mechanics, but nor did I think they were required for this system to be evil anyhow. What are you referring to?

      I’ve heard that these people don’t pay back the loans. They borrow until they die, or other loopholes. The debt doesn’t vanish, though. The system is designed to remove the burden of an active debt if you can dance to its tune.

      Also, I wasn’t saying you’re doing the same thing as them… so I’m not sure what “this” is when you say “this is not the same thing.”

      I was just saying that you contribute to the economy, by working in it and paying into it. I’m not saying that you’re happy about. Just acknowledging that the economy which is very real for you DOES recognize the pretend forecasted money which you rejected. The economy legitimizes it already. So your issue is with the system, not necessarily with some rhetoric people use.

      Yeah the bank will come after your assets, but really I’m just trying to show you the enemy here. It’s the fact that the system legitimizes the very thing which you call illegitimate.