Did I say mandatory? I meant optional! You’re “free” to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!

  • chemical_cutthroatEnglish
    943·
    1 年前

    I think the real solution is not to lend on fake money. Tax or no tax, it wasn’t taxes that caused the market crash in 2008.

    • Talaraine@fedia.io
      21·
      1 年前

      Thank you. Even if they pass something it will be written by a bureaucratic bean counter and will be riddled with loopholes.

      Simply don’t allow loans on stocks. Keep it simple.

    • MaggotyEnglish
      31·
      1 年前

      That doesn’t work. It’s not enforceable.

      • chemical_cutthroatEnglish
        5·
        1 年前

        Not enforceable as a law, but not bailing out those who do it is a great way to put an end to it.

        • MaggotyEnglish
          1·
          1 年前

          I’d rather just have it done than give them another thing they can pressure politicians to bail them out of later.

    • chaospatternsEnglish
      12·
      1 年前

      Then good luck getting a house mortgage because you can’t lend based on future income because it’s not guaranteed. When I bought my house they incorporated the value of my brokerage account. I wouldn’t be able to own a place if they didn’t.

      With house mortgages it’s collateralized against the house, a physical object, but it has only a fake value until it’s actually sold because house prices can go up or down.