It is $1T. Store thefts are over $1B. It may herald a new world of just not paying debt. Does that sector of your crowd just hook up on the internet one day, and plan to all simultaneously not make the payments any more? So what are we going to do about it? Can't throw them all in jail, and they are used to giving the finger, ....So, what will happen?
@averagejoe1 saidIf people can’t get decent paying jobs then they won’t pay their debts and there’s nothing you can do about it. You want to imprison even more people than we already do?
It is $1T. Store thefts are over $1B. It may herald a new world of just not paying debt. Does that sector of your crowd just hook up on the internet one day, and plan to all simultaneously not make the payments any more? So what are we going to do about it? Can't throw them all in jail, and they are used to giving the finger, ....So, what will happen?
@averagejoe1 saidWhat's good for Trump is good for everyone, yeah?
It is $1T. Store thefts are over $1B. It may herald a new world of just not paying debt. Does that sector of your crowd just hook up on the internet one day, and plan to all simultaneously not make the payments any more? So what are we going to do about it? Can't throw them all in jail, and they are used to giving the finger, ....So, what will happen?
@AverageJoe1
I have absolutely no idea what you are on about? It’s not in the news or anything.
Do you have any background info?
@vivify saidVivy suggests GOVERNMENT. My my, I have unearthed another marxist. There 4 amongst us.
I doubt that will ever happen.
Credit card companies make money by keeping people in debt. They may get huge payoffs initially but then their cash cow will dry up. The lobbyists won't let that happen.
I cannot IMAGINE being a dependent.
@athousandyoung saidBut why would they run up their debt if they cannot pay their debts?
If people can’t get decent paying jobs then they won’t pay their debts and there’s nothing you can do about it. You want to imprison even more people than we already do?
Why would they have a credit card?
Their is no 'debtor's prison', thousand.
But Vivy has the answer,.... the goverment, which includes me as a taxpayer, would relieve all the debt. Are you on his bandwagon?
@suzianne saidWell, I think that as a US Citizen, yes, the nature of the economy, the rules, etc apply to everyone equally. You could start a college, SuzyYou of NYC, or you could open a casino or build a hotel.
What's good for Trump is good for everyone, yeah?
Yes, good for everyone.
Thankyou all for asking questions, no one asks me questions. And I answer them.
@averagejoe1 saidYou haven’t answered mine…
Well, I think that as a US Citizen, yes, the nature of the economy, the rules, etc apply to everyone equally. You could start a college, SuzyYou of NYC, or you could open a casino or build a hotel.
Yes, good for everyone.
Thankyou all for asking questions, no one asks me questions. And I answer them.
@shavixmir saidEasy, Shav. Do you have a direct question without an air of glibness? Please restate.
@AverageJoe1
I have absolutely no idea what you are on about? It’s not in the news or anything.
Do you have any background info?
@averagejoe1 saidMy question is serious. I have no idea what this is about. You seem to have your knickers in a twist about it though, and I’m just very nosey.
Easy, Shav. Do you have a direct question without an air of glibness? Please restate.
@shavixmir said'Stiffing' may be a bit American coloquialism, it means refusing to pay a debt that is owed. I lose $100 to you in a card game and not give you the money.
My question is serious. I have no idea what this is about. You seem to have your knickers in a twist about it though, and I’m just very nosey.
So please re-read the OP and it will make sense. I am conjuring up the nature of all of your mates in the USA who are thieving and rampaging and costing us billions of dollars. They are employing the concept of 'safety in numbers', in that they move in packs, like animals, which they are, mostly American Africans, taking whatever they want. They are thus mobs, liberals in action!!
We cannot jail them all. So what if the tiktok crowd devise an idea that on February 1 of 2024, every one of them stops paying their credit card indebtedness.
Vivy has the answer....the Government! will cover the losses of the banks! This remedy is right up your alley. (another coloquialism).
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@shavixmir saidI think he's saying if you forgive student loan debt, "stiffing" credit cards will be next.
My question is serious. I have no idea what this is about. You seem to have your knickers in a twist about it though, and I’m just very nosey.
Myi initial reply was with that assumption.
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@vivify saidThankyou, yes, we could apply scenario to students all getting on tiktok and agreeing to join forces, refusing to pay their debts. This might likely work, we would scramble like crazy to do something, I have no idea what could be done against a mob of hyenas. But worse, there are a LOT more debtors with credit cards, so a plan to do that would bankrupt a few banks. It would be the problem of the idiot banks who gave CCards to these losers, but aaarrrgghhh, the government would have to pay a lot of insurance claims fo the banks. So, the Woketiktok crowd will prevail in the end. Which I have been preaching for years.
I think he's saying if you forgive student loan debt, "stiffing" credit cards will be next.
Myi initial reply was with that assumption.
But the big picture, is that these losers, who don't give a crap about tomorrow, will be in a spiral trying to be prosperous, I surely would not hire them. But you see, they want to live in a communist-type world, hand to mouth. So, no problem.
@averagejoe1 saidNow I don't know what you're talking about. Is there some mass conspiracy to not pay credit card debt?
Thankyou, yes, we could apply scenario to students all getting on tiktok and agreeing to join forces, refusing to pay their debts. This might likely work, we would scramble like crazy to do something, I have no idea what could be done against a mob of hyenas. But worse, there are a LOT more debtors with credit cards, so a plan to do that would bankrupt a few banks. It ...[text shortened]... ire them. But you see, they want to live in a communist-type world, hand to mouth. So, no problem.