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by piva00
1634 days ago
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> When you are subprime rated, you would have to be a complete moron to take a variable loan on you life. And loads of people were that moronic, do they really deserve to have suffered because some other people wanted to profit as much as possible from their stupidity? It's not like these morons had the tools to really assess what the fuck they were doing. Not excluding the fact that many of these loans were basically predatory, using the naivety/stupidity of these people against themselves to cash in. Does all the world deserve to suffer through a major economic crisis because some morons are totally free to be predated upon by forces much more educated and sophisticated about the financial markets (and by extension doing that knowingly, pretty fucking evil)? Libertarian ideology doesn't really hold much to reality, full freedom to do whatever is only achievable when the population is educated enough, humanity is not there yet. What the actual fuck... |
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