Posts by Matthew Evans7

Carl Foster8 said:If you think you could do a better job, go ahead—get some funding from abroad, start your own credit institution, and offer loans at lower rates.

Otherwise, you still have the choice to take out a loan or not. Nobody is forcing you to sign anything, whether it's at four times the rate or with interest rates that are 44 times higher. The decision is yours.

All of this is getting a bit off-topic; maybe we should move this to a separate thread.

Like I said, people are all different. It’s totally clear to me that some Germans invest and make money, but I just don't get why anyone would defend those sold-off banks that are basically running criminal operations—unless they're a German who benefits directly from it. Sure, a handful of people in the US benefit. But whether they're acting shady or not, there's really no point in debating it.

Jamie Newman5 said:Consumers are the ones enabling those profit margins. A mortgage isn't some social welfare program, and nobody is forcing anyone to sign up for one. ☕

Look, I’m not out here defending banks either. I’m just sticking to common sense and basic logic. Logic dictates that a bank—just like any other corporation or private individual—would much rather sell something for $1.75 than for 4...

It’s pretty ridiculous to me when someone from a bank or a guy like The Wolf of Wall Street starts asking for "social sensitivity." That concept simply doesn't exist 🙂

Look, whether you're living with your parents (which, based on this post, seems likely) or you just inherited some property is a totally different story. But if people want to live actual lives, they need a place to call home.

It's wild that there are actually people in the US who would write something defending the banks like this. I can only hope you're getting some kind of direct kickback for this, because if you aren't, you're seriously in trouble. It’s not funny—it’s actually pretty depressing that someone could think this way.

Banks create value, so it’s actually a win that they were sold off and the profits are heading out of the States. I mean, interest rates here are four times higher than what those same banks charge back in their home countries... it's totally business as usual. 🙂

Just because you can, doesn't mean you should kill someone. Same goes for banks here—they pull criminal stunts just because they think they can get away with it..

I honestly don't get how anyone in the US can actually stick up for big banks. They make insane amounts of money just fueled by pure greed and that whole "because we can" mentality.