Ali.009
FULL MEMBER
- Joined
- Sep 7, 2008
- Messages
- 965
- Reaction score
- -6
InshAllah, this system will self-destruct itself, very soon.
Warning: Nasty Surprises Coming Next Week
Warning: Nasty Surprises Coming Next Week
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
The system self-destructs, demand for products will fall over the world. US and Eu are the biggest purchasers in the world. If their banking systems fall apart, people will suffer the world over.
pray for this NOT to happen.
You cant close your eyes from the inevitable. Open your eyes and look around you, all the sufferings in this world are because of this banking system which runs on interest. You should learn about how this banking system works. It will destroy itself.
people always view interest as an evil thing. but you have to understand that when someone lends you money they charge interest becuase:
denial of access to their own funds: its incovenient for them not to be able to access their funds any time they want.
time value of money: money loses its value over time due to inflation. interest rate is a cover against that.
risk of default: if the borrower defaluts after sometime, atleast the lender would have recovered something in the form of interest.
other risks: like dramatic shifts in market conditions. interest will cover any losses to some extent.
if interest is not there, there is no oncentive to lend money. if liquid resources like cash are not circulating in the economy, the economy will become stagnant. it is basic economics.
Please dont write what is written in your 10th grade economics book. The interest is the money which never exists in the economy.
To understand, take the example that there is only 1 bank in the whole country/economy, and a person wants 10,000 loan.
The person taking a credit/loan of 10,000 dollars will have to pay the interest over it of, for eg 2,000 dollars. Now, the bank will only print the amount of 10,000 dollars, rest 2,000 dollars which bank is asking for return as interest, are nowhere and they are never printed, thus, the person might give out some real wealth to the bank in exchange of those 2,000.
This is the simplest example, take it on a bigger scale, thats what is happening.
^And I suppose that all the great economists of the last century are idiots and you are the enlightened one.
Actually, its not my own invented 'theory'. If you educate yourself a lil about ecnomics before you open your blabbing mouth, you will understand all of it, though no guarantee.
Why do all the indians have to act like an ***? You illiterates, go and educate yourself first before you are capable of talking about anything. I bet if anyone of you has even passed 10th grade yet. Ps marshal : something which cant enter your useless brain dsnt mean its a joke, you've used this line a thousand times in every thread you cant reply to. All you guys can think of is, INDIA SUPERPOWER ZOMFHG!
^And I suppose that all the great economists of the last century are idiots and you are the enlightened one.