It's wrong to rob banks, yeah, but is it right for banks to loan people money, knowing full well they can't pay it back?
Sentiment: NEGATIVE
Just because someone will lend money to you doesn't mean you should borrow it.
People get into debt head over heels because banks make it so easy to do so. Then the banks come along and act like these people who can't or won't pay their bills are the dregs of society.
The banks are not lending, at least from what I see. They were so wild and reckless back in the good times that they got burned terribly.
Borrowing is not much better than begging; just as lending with interest is not much better than stealing.
At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call, skim it for their own reward and then lock the rest up in volatile, insecure and illiquid loans that at times they cannot redeem without public aid.
Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame.
When you borrow money, you should always think how you're going to pay it back.
A bank is a place that will lend you money if you can prove that you don't need it.
It is easier to rob by setting up a bank than by holding up a bank clerk.
You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don't look at it that way.
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