When you build a country on debt, don’t be surprised when the banks end up holding all the cards. Those landlords took a risk and now it’s biting them in the ass. And honestly, looking at the conditions in those loan contracts, those are pretty big gambles. I understand putting your money to work, but then it never was their money to begin with.
When you build a country on debt, don’t be surprised when the banks end up holding all the cards. Those landlords took a risk and now it’s biting them in the ass. And honestly, looking at the conditions in those loan contracts, those are pretty big gambles. I understand putting your money to work, but then it never was their money to begin with.
Interest rates were too low for too long.