Thread 509476772

So I was sitting in the bath thinking to myself that Klarna is actually an insane business model.

They do practically no credit checks, hand out buy now pay later loans like throwing dollars at strippers, and there's no real minimum loan limits.

So imagine this situation (in Minecraft of course):

A large number of people buy a $2 cheeseburger on Klarna.

They don't pay it back.

They contact customer service to argue the fees which financially are negligible causing Klarna additional losses because Klarna is paying more to process this than the profit they would incur from the $2 cheeseburger.

It makes no financial sense to send to collections purely due to the girth of customers.

Fraud detection systems won't work if people diversify into hotdogs and fries etc.

Like, that's really dumb and they've already incurred losses.

>>509476772 (OP)
Yeah no shit. The thing is winner takes all and thats why these buy now pay later apps are doing this. Whoever wins the market wins.

>>509476841
Ok but like tell me this, why are people investing in Klarna? Like what I'm a missing here? There is literally no chance to profit here, the moment people just decide they want their free cheeseburger.

Kek...War by Cheeseburger.
Captcha:H8 VAX

>>509477003
Like I said. If they capture this market of "buy now pay later" they will expect profits. Venture Capital just throws money.

>>509477003
Klarna just sells the debts to some shady firm that is willing to use strongarm tactics to make you pay

>>509477346
Yeah but they have to pay for that service, nobody's going to bother paying an outside service to collect $2, too much paperwork they have to pay for even if they were to decide to do that.

>>509477003
American economic system runs on the credit system. Failure to pay back a loan hurts your credit, which makes it easier for larger financial institutions to deny credit or charge exuberant interest rates. Klarna can be used as a tool to increase credit for those in need of doing so, but it's instead being used as a weapon to destroy credit, giving companies an opportunity to either deny loans or give them at huge interest rates.
Use it right, works in your favor. Use it wrong, works in (((their))) favor.

>>509476772 (OP)
>dont pay 2$ loan back
>if you dont pay back a cheeseburger loan, you probably have other loans too
>klarna charges 15% pA interest
>over 5 years thats 200% of the original loan
>debt get packaged together and then sold to debt collectors
>you just got a 200% return on your investment
Jewish debt enslaving also works in smaller sums

>They do practically no credit checks

Bullshit

They deny anyone with under 650 credit which is like 90% of niggers and browns in america, Most dont even have 400 credit and likely have 300 or below. Stop lying. Even college kids dont have 650 credit they have 600 or usually 550.

>>509477443
>Failure to pay back a loan hurts your credit
What credit? Everyone has maxed out their credit cards, they have student debt, I mean look at the rate of non-payments rocketing.

>>509477455
Sustaining the paperwork over 5 years if people are consistently contacting customer support to get it written off incurs more financial damage than just writing the $2 off. Like you need people at desks dealing with shitty customers, and also the customers that are trying to contact support over something that isn't a $2 cheeseburger wouldn't be able to get through due to volume, which in turn probably incurs some sort of customer rights fine.

>>509477443
you got it. and most use it wrong, loans for consume, instead of loans for capital

>>509477642
>Everyone has maxed out their credit cards, they have student debt, I mean look at the rate of non-payments rocketing.
I literally dont know a single person with an actual credit card thats not already a rich fag. You literally can't get a credit card limit above $200 in america without comitting fraud or having some normie wagie job for 2 years and constantly paying it to even get close to $1000 limit which is fucking nothing.

Again I ask, where are people getting all this credit that supposedly exists, It doesn't. Nobody is buying anything. I just don't believe it.

>>509477736
Sounds like the smart thing to do would be to take out hundreds of microloans and pay back over a year. Get yourself 850 credit, then take out one huge loan, buy a bunch in stocks, pay back low interest with the interest you get in the stock. Works in theory

>>509476772 (OP)
Is that what klarna is? lmao they bought out the app I was using to store point cards on. It basically serves as a barcode scanner so i can collect points at grocery stores or whatever.

>>509477443
>Use it wrong, works in (((their))) favor.
Well apparently not

>https://www.ft.com/content/6c4bf393-c80b-42b7-993a-35270143f688


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https://www.ft.com/content/6c4bf393-c80b-42b7-993a-35270143f688

>Klarna’s net loss more than doubled in the first quarter as more consumers failed to repay loans from the Swedish “buy now, pay later” lender as concerns rose about the financial health of US consumers.

>The fintech, which offers interest-free consumer loans to allow customers to make retail purchases, on Monday reported a net loss of $99mn for the three months to March, up from $47mn a year earlier.

>The company, which makes money by charging fees to merchants and to consumers who fail to repay on time, said its customer credit losses had risen to $136mn, a 17 per cent year-on-year increase.

>>509477770
>You literally can't get a credit card limit above $200
You can't now, but that doesn't apply to people that already had the credit cards and maxed them out.

>>509477923
In america if you have a credit card debt, even $20, even $10 you will be INELIGBLE for ANY credit if that's on your history. It doesn't matter if you have been using it forever.

Where are these people getting credit? They must be comitting fraud, How are they getting approved? Klarna doesnt approve people for purchases.

>>509477642
>Sustaining the paperwork over 5 years
Here they make you pay the cost for that.
Not paying your bills in time gets insanely expensive very quick here, and you can't even declare bankruptcy like you can in USA and it all follows you for life.
And your wages will be garnished after it goes to the "foreclosure" idk what is the proper word for it in English.
The only people that can not pay their bills are niggers and shitskins who will never do honest work in their lives.
And even them can just rack up some debt until the non-payment makes a mark on their record and thats it no more debt.

I mean you gotta pay the bills and on the otherhand I think the system is okay but on the other its way too stacked on the banker jews advantage.
There should be at least the option to declare bankruptcy like there is in USA.
In fact I think the current system stifles inflation because people are too afraid to take on debt, due to reason of not being able to "clean slate" by declaring bankruptcy, and all debts follow you to the grave.
In fact, when you die and your family inherits your possessions, they inherit your debts too.
So not even death is escape from the banker kike.

>>509477923
Right so even though Klarna is taking a $100m+ loss, the investors of klarna can now charge higher interest rates to a larger customer base. Millions of people destroyed their credit for a few dollars, and now can have personal loans with 15% APR, 7 year car loans with 12%, 30 year mortgages with 10%. The investors will make that $100m back in a month

>>509476772 (OP)
Klarna is a 3rd party credit firm. They make their money by collecting data. When you use it you are giving them information about your spending habits.

>>509477889
>microloans and pay back to get big loans
>acquire interest bearing capital
works in real. One of the reason practically all americans use credit cards extensively instead of debit cards like euros. The thing is, it works as well in Europe, the more so since EU banks have started to apply AI to determine who gets and who doesnt get a loan.

I just signed up for klarna and tried to buy some gaymin laptop on ebay for $1000, denied for 18 payments, 12 payments, and 6 payments.

Again where are people getting this magical credit where they never have to pay it back and they get approved. America is one of the most stringent countries with credit and has the most strict requirements. Nobody is buying anything on credit.

>>509476772 (OP)
Good luck Paweł
Enjoy economic ruin when you learn just how far your fellow countrymen will go in destroying your life for just a bit of beer money.

>>509478229
Nobody in america uses credit cards unless they have a high paying job or are already rich. There is zero 0% chance anybody who has $100 in the bank is getting approved for even $150 loan, and even that is a VERY slim chance which is VERY unlikely.

And you are saying people are getting $1000 loans like nothing? It isn't happening.

>>509477770
>You literally can't get a credit card limit above $200 in america without comitting fraud or having some normie wagie job for 2 years and constantly paying it to even get close to $1000 limit which is fucking nothing.
All you need to build credit is apply for a high APR starter card and pay your meager bill every month until your credit score goes up and you can apply for more credit cards.

>>509478278
Yes people are buying on credit but you have to prove you have a good credit score. It depends though. Some places will offer you their store credit card even if you have no credit score but they usually tier the amounts you can spend. For example the credit limit will be low so you can't scam them for much. And if you do your credit score is fucked and you just barely stole 200 dollars.

No way you can spend 1000 dollars on Klarna and get away with stealing it.

>>509478041
>Here they make you pay the cost for that.
They don't because you're already not paying for the $2 cheeseburger, the risk versus reward of sustaining that debt indefinitely makes no financial sense.

>>509478010
>charge higher interest rates to a larger customer base
The customers year on year are paying this charge back less and less, delinquencies are up across all sectors and the mass-firings have escalated.

>>509478278
$1000 is a big sum for someone that doesn't have a history with the company, you'd probably need to start small like $30 and pay it back to not be flagged by the system.

>>509478380
>Nobody in america uses credit cards unless they have a high paying job or are already rich.
then tell me why Klarna is offered on Taco Bell? Just think about that for a second, why insert infrastructure into a business like Taco Bell to buy a taco if nobody is going to do it?

>>509476772 (OP)
>They contact customer service to argue the fees which financially are negligible causing Klarna additional losses because Klarna is paying more to process this than the profit they would incur from the $2 cheeseburger.
>
>It makes no financial sense to send to collections purely due to the girth of customers.
You're a retarded person, the merchant pays a fee to support Klarna, just like a credit card, and it costs nothing to send your file to collections... whether an agency will buy it to collect is another matter though, either way your goy number will take a hit

>>509478380
If you have a steady income you can apply for credit cards. Most creditors will expand your credit limit if you call them up and tell them you need to increase your limit. Just lie about your income LOL. As long as you pay off your balance you will be fine.

>>509477003
It's a jewish corp with unlimited fiat behind it. LIDL, REWE, ALDI, and all other jewish supermarkets operate the same way.

>>509478380
Yes Americans exclusively use credit cards. VISA, Mastercard. Because you get cash back on your purchases for showing you can handle paying back your loans. The credit card banks make 100x what you spend by using fractional reserve lending. That's why they offer 2% cash back when they are making 1000%.

In the USA there are credit cards for everything. You can get an amazon credit card. A grocery credit card. It's crazy. Many stores have their own credit card. They want you using it as many fail to pay back their loans on time and with an APR of over 20% you can see how much money they make.

>>509478601
Yea but there's no people that are out there just spending credit without being wageslaves bringing in $4000+ a month to supplement it. There's no such thing as free credit, maybe $100 but nothing over $500 really.

The only way is if you pay in 4 payments and you pay 1/4th of it like in afterpay or klarna does but even then you are still spending your own money to get what a 75% discount? Its not that great even on $1000 purchase.

>>509478595
>whether an agency will buy it to collect is another matter though
that's precisely my point, it makes no financial sense to even start the process over $2, it's paperwork, people at desks and the company just snowballs the losses instead of taking the $2 loss

>>509478278
You're trying for something too big. Try it for $100 and I bet you get approved. That's what these niggers do, they have like 10 credit cards with $500 limits and then max them all out

>>509478746
all that means is you may have a hard time paying it back when you need to fix your credit, it doesn't mean you aren't dinged

Its not bad if you can pay it off on time.

>>509477396
200% interest per week or they burn your house down. Problem solved.

>>509478380
I dont know the US midwest, but in the coastal cities the use off CCs appeared common, way more common than in Europe.
If you have had a cc with a bank for 3 years and have a track record of paying your monthly cc of 500 bucks food you wont have an issue having a 1000 dollar loan approved, given you also have some regular cashflow of course.

banks are in the business of flow control

>>509478791
Nice rareflag vpn glownigger

>>509477443
1. Credit Scores are actually fucked.
For example, if you fail to pay off a credit card, for example, but then pay it back the next month, your credit score dips and then actually goes ABOVE where it was initially.
2. Even in Bankruptcy, your credit wipes clean after 10 years.
3. The most creditworthy people usually pay all cash anyways. So you need to give loans to drooling retards to actually have a market.
4. Credit Scores are totally irrelevant for Millennials and Gen Z because they will never own real estate.

>>509478778
I can get approved for 1/4th the cost. I have 83$ in my bank account right now. That means I can buy something worth $332 which is fucking nothing. You can't buy shit with that, not even the new switch 2, not even an xbox series X, not even a new GPU. It's worthless it might as well be 0$

And as for credit cards I can't even get approved for even basic ones like $200 student ones that MAKE you pay the balance so you can spend, and my credit is 580, It's not even that bad.

>>509478804
Credit cards are very common in America. it's just in Europe they are not.

It's a culturally thing. The buy now and pay later for instant gratification in the USA is a big part of capitalism. People feel better doing it this way. It's a psychological effect that helps them stomach larger purchases. Even more so if they can finance large purchases.

>>509478789
>when you need to fix your credit
is anyone actually trying to fix their credit at this point?
>>509478801
>200% interest per week or they burn your house down.
What house? Nearly everyone is renting.

It's a sign of the end times. I've tried to be nice to you and you abused my trust lied about it made me take the shit end of the stick and then kept using and abusing. It's over bros. No high trust society is coming for us.

>>509478701
>Yea but there's no people that are out there just spending credit without being wageslaves bringing in $4000+ a month to supplement it.

That is just not true. Credit card companies can get suspicious if you don't use your card at all but I have multiple credit cards where I go months not charging anything on them. I have only ever gotten an income inquiry once, and that is just self reported. I have one credit card that I just use for a certy utility and it's usually $40/month. If you consistently pay your bill you're fine.

>>509478900
>4. Credit Scores are totally irrelevant for Millennials and Gen Z because they will never own real estate.
I think this is the main disconnect of the thread, a lot boomers thinking that the whippersnappers are worried about their credit rating.

>>509478900
4 is totally wrong. Your credit score determines the rate you pay for all loans, not just real estate. Depending on the loan size and term having bad credit could cost you hundreds of dollars every month

>>509476772 (OP)
It's just predatory payday loans, a business and old and Jewish as time.

China literally raped this fucker and vanished him for 2 years for trying something exactly similar to this with his Ant fintech app. He tried to hook people into microlendings for groceries and food with insane interest rates. The CCP literally delisted his company Ant Group, demoted him as CEO of Alibaba and vanished him.

>>509476772 (OP)
Venture capital scam. Abuse the shit out of it before it inevitably collapses

>>509479005
I'd never betray you fren, not even for a Bid Mac. God Bless.

>>509478914
If you have $83 in your bank account you shouldn't even be considering buying video games

>>509479063
Based. Like I'm no huge fan of China but sometimes they get something right.

>>509479108
Right, you should be buying crypto, then you can buy 4 vidya games.

>>509479034
Yes because you are seen as being bad with money. aka a liability. You will get the worst rates until you can prove you are good at paying back your loans.

>>509479034
Retarded Boomer.
There are no Zoomers or Millennials taking out loans, EXCEPT student loans and:
1. They didn't have ANY credit history at 18
2. The Federal Government owns most Student Loans

>>509478957
Credit card culture arose in the US 1) because of nigger purse snatches and 2) Americans love perks

Why should I not get 5% cash back on my gas bill every month?

>>509479108
This is a thread about being on credit? Also I get free money from crypto trading and I dont pay rent since I live on my own land from inheritance.

Obviously credit is fucking useless if I cant make a 1000-2000$ purchase for free. Even a $400-500 one is a pain in the ass.

>>509478957
maybe among the subhumans with low impulse control that should be genocided anyway, instead of being public debt heads for socialist lunatics and scammers.
The only rational reason for a cc, which most use it for is building credit trust to increase probability to get larger sums for productive capital.
>Capitalism
okay marx, go preach on thumbler

>>509478963
You get the gist though? If you have general aversity to sensation of pain then they have a ground to build on.

>>509477396
>Josh tier understanding
Don't pay the $2 then every letter, phone call, home visit, court date is charged to you. I've seen debnts for a few pounds spiral into thousands for this exact reason

>>509476772 (OP)
It’s so people don’t starve to death during the AI transition. AGI happened in 2016.

>>509479336
They literally are relying on the fact that you have capital to pay those things, and they can't be certain, and they're assuming they're going to get a return on the money invested.

So they'll do this for the $1000 losses, and can't be bothered with the $2 losses.

>>509479190
I'm 35, I am a millennial. I'm explaining how this works. If you want to ignore me and go hur dur muh jewish credit number have fun paying a bunch of unnecessary interest
>Person A- $35k loan over 60 months @ 18% = $888.77
>Person B- $35k loan over 60 months @ 2.5% = $621.16

>No real minimum loan limit
For a dollar? They wouldn't care but if you fail to pay them back, your credit is ruined.
If you want to buy something at a higher cost, let's say 100 dollars, they will do a credit check on you, before finalizing the trade.
Unrelated to costs but it is convenient to get stuff home so I can inspect it before I pay for it and if I need to argue with a company, klarna can help.
Why would you want to pay for something that could be broken when it arrives?

>>509476772 (OP)
Companies like this exist entirely on VC funding
when the investor capital dries up they go bust.

>>509479223
Yes it is true credit in the usa is safer. It protects you from theft. I already went over this but the reason why banks give you cash back because it is an incentive for you to spend on credit. And they use this credit to make massive profits using fractional reserve lending. Also they make a lot of money from delinquents with 20% plus APR. Long as you pay back your loans and be a good g0y you will get that 5% back on gas or groceries. It's the other people who fail to manage their loans who will be hurting and thus the service is offered.

>>509479253
You need to be able to show you have some sort of income to get credit though, for obvious reasons.

>>509478898
Dont have a VPN. Not a glownigger. Enjoy the void.

>>509477003
They think they won’t be the last idiot holding the bag.
That’s it, capitalism is a clown show that creates this sort of lunacy inevitably as financialization increases and the economy becomes more abstract.

“Good” investments don’t make enough money anymore, so increasingly they need to chase “bad” investments to keep growth up.

>>509479445
You really are quite stupid aren't you

Failing to pay means
>credit score impact as klarna report it
>debt collection agencies harassing you with varying kinds of escalation
>can't use klarna again
So most people pay late fees instead of defaulting, because they rely on klarna. Klarna is successful but credit card companies hate it, hence all the propaganda about how it's actually bad to have flexible payment options like every business originally had before credit card companies monopolised the concept at the expense of customers
Originally grocers would offer credit like klarna and the world was better 50 years ago

Usury is a crime

They do a credit check. I have a family members who failed it because practically no credit history

>>509478527
No you didn't get me.
If you don't pay your $2 cheeseburger.
Whatever cost they accrue of maintaining the debt and collecting it from you, they will charge you of it, kinda like lawyer counting their work hours.
So suddenly that $2 cheeseburger is $150.
And then even more fees get tacked on and then all that starts accruing interest.
I don't know exactly what all kinds of fees they can legally stack on you but they will stack everything they possibly can.
It can be pretty fucked up especially considering this can happen to people quite easily not that they weren't going to pay but like they go on vacation and have some small bill they forgot about. And it balloons because of all the fees and shit.

>>509479503
>hurr auto loans
1. You have to be retarded to take a loan out for an asset that depreciates half its value the second you drive out of the lot.
2. My Brother in Christ, 60% of Gen Z does not have a driver's license.

>>509478914
You must be retarded, I have multiple cards with $10k+ limits and I’m not a rich fag.

>>509479681
>Klarna is successful
literally losing money

>debt collection agencies harassing you with varying kinds of escalation
over $2? Who's going to take that sort of collection opportunity?

>>509479753
No I get you, but you're assuming the person that bought that bought the cheeseburger had any capital worth being confiscated by debt collectors.

>>509479825
Stock price says otherwise
Cope credit card shill

>>509478380
>Nobody in america uses credit cards unless they have a high paying job or are already rich
Wtf that can't be right America uses the most credit cards in the world.
I remember back in late 90s it was a thing in USA that people literally got pre-approved credit cards in mail, like you just take them out of the envelope and start spending.
I guess thats how you ultimately got into the 2008 situation, kek.
I mean the 2008 was actually about mortgages and you were giving out house loans to people without any income before that, madness. I mean obviously they'd default but the kikes already repackaged the debts and made bank, they knew it was going to all go to shit but what did they care, they got theirs.

But you're saying they've changed the policies and now credit card isn't given to anyone with a pulse anymore?

>>509479917
Klarna isn't publicly traded?

>>509479257
Marx was a jew aka a liar so i don't know why you don't take his teachings with a grain of salt. Marx was using communism to enslave the masses by offering them freedom. His job was trick the masses into overthrowing their governments so wall street jews could come in and profit. Capitalism is a flawed economic system regardless and you don't need to prescribe to communism to see that.

The fact you are defending the system of fractional reserve lending means you are a blue pilled normie. It's not moral and it's not good. It's predatory as i mentioned multiple times. The incentives are just that. Time is money and stealing peoples time by offering them loans with stipulated interest is a form of modern vampirism.

>>509479816
You have to have some sort of large income coming in to get that, it's not free. niggers aren't spending $1000+ on credit, not even $200, not even $100 unless they already have $20.

>>509479981
I literally have almost 600 credit. I can't even pay in 18 month increments. I'm instantly denied for any credit card even $200 student ones.

Klarna was founded by a Pole and Poles had 1000 years of coexistence with ((())) so I guess we're pretty good with money managing and I strongly believe this concept will succeed.

>>509479825
>but you're assuming the person that bought that bought the cheeseburger had any capital worth being confiscated by debt collectors.
No can you not read or is the lack of comprehension or what is your issue?
As long as the person is going to work in his live they can collect on the debt
In fact due to the extra fee kikery its better for them if he dont pay, because they can tack on the fees and then start collecting interest
So that $2 can potentially become very lucrative IF the customer doesn't pay

In fact I just looked up the founder, is from Sweden, but his name is "Siemiatkowski" he's some polish jew.
So I wouldnt be actually surprised if the business plan would be hoping that the customer DONT pay it first, so they could balloon some simple $2 purchase to a big debt and then collect it later
That sound exactly like something that jews would do

>>509479503
>>509479755
Also because your idiotic millennial brain can't comprehend the obvious:
No Loan == No Interest
Like 30% of Gen Z has a student loan at a predatory rate from the Government.
That's it, nobody else is taking out loans unless you're a drooling idiot.

>>509480136
>As long as the person is going to work in his live they can collect on the debt
Gen Z is the core demographic of Klarna, has the least capital, rarely owns cars or houses, and is currently either getting mass-fired or can't find stable work.

>>509476772 (OP)
>>509476772 (OP)
you took a bath?
what a fag

>>509476772 (OP)
Yes,lets ruin one of the things helping keep ppl afloat.

no when the business starts failing you start to cook the books and enter the stock market

>>509480329
I was sitting in the bath, I didn't specify I was was taking one.

>>509480352
That is just a scary thought, that Klarna is the one thing keeping people afloat.

>>509476772 (OP)
So spend 20 minutes on the phone with some Pajeet or spend $20 on a certified letter to dispute fees for $1.50 and then somehow this is going to topple the giant Judeo-Boomer industrial complex that's holding you back from doing something worthwhile with your life?

>>509480076
Because you don't have a fucking job dude, nobody's going to give you credit for that reason alone Get a part time job or something so you can show you have some income

>>509480076
Interesting it seems they have toughened the credit there then, I remember like 10+ years ago it used to be a butt of jokes that Americans have credit cards coming out of their asses and everyone gets five of them and is in debt.

We don't have a credit score here that is called 'positive credit database' we only have 'negative credit database' meaning you either have credit or you dont.
Like there is no way to "increase your score", the database only has a mark if you have not paid your debts.
So in fact nogs and junkies do buy shit on credit here the second they hit 18 and then never pay it back because they dont intend working in their lives.
Most people obviously aren't like that, and i dont know if klarna has any limit but you can buy several thousand worth at least as long as you dont have any negative mark.
Some friends of mine did use klarna to buy like $2k gaming pc as young student poorfags and then paid it over 2 years period.
I never used it though because its retarderdly expensive to use you pay like $2500 back for $2000 purchase or something like that the rate is insanely high much higher than credit card

>>509480666
Niggers dont need jobs, yet everyone believes some nigger or some other brownie can just get infinite credit.

Doesnt work like that in america. If you dont have any income or your credit score is below 680, if one of those two isn't met, you cant even get approved for a $200 secured credit card that you yourself have to pay for to even get funds on it.

>>509480076
600 is a bad score. I have over 800.

>>509480841
Good shit. Me too. It's not that difficult.

>>509480104
That ((Pole)) looks like a yid i'm 100% confident he has jewish blood. Besides starting out a credit loan sharking business requires insane amount of startup capital and he did it straight out of school there's no way you can do that without (((()))) connections

>>509480739
It hasn’t tightened, you’re talking to unemployed children.

>>509480868
It’s not. Pay your bills and have income. I have over 100k in typical credit card allowances. I never carry a monthly balance, never pay interest.

>>509480274
They are going to work at some point of their lives.
Again I'm only talking about the situation here in Finland where personal bankruptcy isn't a thing, you can't wipe the slate clean.
If the gen Z goes to work as dishwasher temp job in age 50 he will have his wages garnished from that debt that has ballooned over all the years of non payment

>>509480791
I simply don't believe you know what you're talking about. I don't believe someone with a minimum wage job can't get a shitty starter credit card with shitty limits and start building their credit score.

>>509481029
>They are going to work at some point of their lives.
Bruh, a lot of people are going to get iced out with AI, look at the current mass-firings.

>>509476772 (OP)
It's designed to trick stupid people (niggers) into getting into compound debt and then they sell it to collections agencies. They profit by doing that, when your $1.60 hotdog ends up compounding to $160, they sell it for $80 and make a profit. Really more of a scam to the collections agencies and when they learn this they'll stop buying the debt and the business will fail.

>>509481029
Personal bankruptcy is indeed a thing in the US, with the exception of Student Loans.

>>509480352
>Yes,lets ruin one of the things helping keep ppl afloat.
Is it really that bad? I thought USA was doing fairly well economically, if not otherwise
Your pay in lot of jobs are literally double to those of Europe
Although the property jew has hit you much harder there, the price of housing you have to pay there is INSANE like $3k/month rent or mortgage for some studio apartment thats fucking crazy. If it was that bad here I'd be at barricades demanding national socialism and removal of the jew

>>509480739
>Interesting it seems they have toughened the credit there then,
They have not. That anon is just a 24 karat nigger. My brother declared bankruptcy over about 250K in debt he racked up a couple years ago and he already gets credit cards and can get car loans again.

>>509481082
Even if you ruin your credit, you can call the creditors and negotiate your debt down. Depends on the dollar. People are really stupid. You can destroy your credit, not file bankruptcy negotiate, and have your debts written off for pennies on the dollar like I said and in seven years, your credit will be perfect again. You have to pay it back, you don’t have to pay it all back. If you can negotiate well though most of them don’t give a shit just don’t ever promise to make a payment. If you’re late tell them you’re going to file bankruptcy and lowball them 20% of the balance and say this is the best they’re going to get from you -tell them it’s this or nothing. Personally, I pay off my debts, but this is an option for young naïve idiots that make a mistake.

>>509481218
Someone's been debt maxxxing

>>509481082
>have a job
Thats not what people say. They say if you have no credit, even bad credit with no job you can still get $500-1000 credit which isn't the case.

Closest is 1/4th payable credit and even then you have to spend your own money.

>>509476772 (OP)
>They do practically no credit checks, hand out buy now pay later loans like throwing dollars at strippers, and there's no real minimum loan limits.

This model works in Sweden because there is no such thing as an unsecured loan in Sweden. Klarnas business idea is to rape the non payers with fees (the debt may be $2 but the fee is at least $20 and can be repeatedly applied) and then 20-30% interest rates on the debt + fees and then recover the money using Kronofogen, the government tax and debt collector. The Kronofogden fees are paid by the debtor, not Klarna.

My guess is that they are trying to export this business model to another jurisdiction without understanding the finer differences of local bankruptcy laws. However, the money lies not in the tiny intial debt, but in the fees and the interest on the fees and the target demographic is people who do not pay their debts.

>>509481083
>look at the current mass-firings.
What do you do for work? Or were you working and AI took your job?
>>509481143
>I thought USA was doing fairly well economically
We're doing great. The only people crying about it are unemployed niggers on social media.
>the price of housing you have to pay there is INSANE like $3k/month rent
You realize the USA isn't just Seattle, San Francisco, Manhattan, and Martha's Vineyard, right?

>>509481278
Nope. I’m just educated on systems I participate in.

>>509480274
>Gen Z is the core demographic of Klarna, has the least capital, rarely owns cars or houses, and is currently either getting mass-fired or can't find stable work.

Yes you got it. Klarna is like an app genz can relate to to pay for sutff. it's marketed towards them. You don't need a credit card to use it and they like that. lawl.

>>509481133
Yeah while I think personal responsibility is important, I do think that personal bankruptcy is a good thing to have.
First of all it shifts some of the accountability to the bank, like they shouldnt be giving out credit to people that cant pay it.
And secondly on societal scale I think not having the option scares people of debt too much and it stifles innovation.
Like if you have the possibility to fallback to personal bankruptcy its a safety net so you know that if you take a large business loan and the shit goes under, you can declare bankruptcy and your entire life isnt ruined.
Here someone might have business idea but is too afraid to take a business loan in fear of ruining his entire life like having several hundred thousand in debt forever and like I said even death dont make you escape it the debt will be inherited on your estate

>>509481280
>Thats not what people say.
I've never seen someone say you can get a credit card without having any proveable income.

>>509481301
Yeah. So it's bait and switch scam. Op would be perfect target for this.

>>509481278
>debt maxxxing
Doing that for a couple hundred thousand is a decent scam, doing it for a McDouble is probably not the most efficient use of your time.
>>509481280
How much of a fuckup are you? Have you ever even paid a bill? Held a job? Filed a tax return?

>>509481168
>My brother declared bankruptcy over about 250K in debt he racked up a couple years ago and he already gets credit cards and can get car loans again.
Right, this is my point that if you did that shit here you wouldnt be getting any credit whatsoever before you have paid the full 250K plus interest and even after you've cleared it, it takes like 5 years for the bad mark to clear and only then you could get credit again.
And if its more like you took a business loan for a million, well then you might as well never work again

you first have to understand that klarna maybe has a cheeseburger dilemma but its still way better than having the peter thiel dilemma where he just says " uh oh this bank doesnt look good" and then everyone does a bankrun

>>509481218
Someone's going to break your kneecaps anon....

>>509476772 (OP)
>taking a bath

Sure thing Ramesh

>>509481447
In the U.S. you can incorporate in something called a limited liability corporation (LLC), if your business venture fails, you can just divorce yourself from the outcome as an individual. You aren’t merged with your corporation if you form it this way. So the corporation can go bankrupt or other people money and you can simply shut the company down and the debts aren’t tied to you personally. Obviously people know who you are and there’s a personal reputation.

>>509481301
Yeah so you have basically the same system as we do.
Like that this model is basically a loan shark with government enforcement backing and they actually want you to NOT pay it first so you they can rack up massive fees and interest and then forcibly collect it from you later on.
Very jewish business model, and the founder is a yid.

>>509481459
>I've never seen someone say you can get a credit card without having any proveable income.
You can. Another anon explained it, you get a nigger tier one and just pay it off constantly then you get solicitations to get better ones and do the same.

>>509481377
>You realize the USA isn't
Isn't it $3k basically in all the top 30 cities or something

>>509481736
You can also have someone have someone like a parent add you to their credit. You basically get a card under their credit with your name on it and then it build your credit for you. Good parents do this for their children.

>>509478380
>Nobody in america uses credit cards unless they have a high paying job or are already rich
I make about 24k a year on a stipend as a grad student. I pay for everything on a credit card that I pay back in full every month, because my credit cards have cash back bonuses. Also, there's greater security in paying for things on a credit card than a debit card because in the case of a fraudulent charge, you can dispute it instead of having the money already taken out of your bank account.

>>509481780
Yes.

>>509481082
The thread theme is zoomers trying to steal from Klarna not build up their credit score. Zoomers are always looking for ways to scam instead of working. Remember Robinhood? They thought they were going to own wall street and make out like bandits!

>>509476772 (OP)
>mayo ceo

Every. Single. Time.

>>509481884
EST you smelly black gorilla

>>509481554
>if you did that shit here you wouldnt be getting any credit whatsoever before you have paid the full 250K plus interest and even after you've cleared it, it takes like 5 years for the bad mark to clear and only then you could get credit again.
Student loans, child support (I think?), and certain taxes are the only things here that don't go away.
>>509481692
>you can incorporate in something called a limited liability corporation (LLC)
Getting a good credit rating for a corporation with D&B is significantly more difficult than getting the ability to take on personal unsecured debt and filing an LLC is going to be a few hundred a year depending on the state. If your LLC is doing well enough to get significant access to credit it's likely your business is worth more selling than just niggering out on your credit cards.

>>509481849
Yea but thats a full time job. Thats like what a USPS worker makes nowadays. The only people that are profiting are NEETS like me.

Anyways reccomend me some shit to buy thats under $300 plz so I can use klarna

>>509481692
Oh yea sure that works here too if you form a corporation and the corporation takes a loan you are not personally responsible (criminal fraud being exception).
The thing is that obviously you can't easily get a loan for a new corporation precisely for that reason because you can just declare bankruptcy fold it any time and the bank won't get its money back. Of course if you're jewish then its a different thing but i'm talking from a goy perspective.
So a personal loan is much easier to get but it comes with the risk of ruining your life since personal bankruptcy is not an option, and its the state that enforces debt collection you cant escape it.

>>509482024
You missed entire point. My conversation wasn’t highlighting how to scan credit card companies. Finanon was talking about his native countryman, not taking entrepreneurial risk because of credit decisions looming over their entire life. That’s what my post was about. How did you miss that? You seem very focused on having a low credit score and scamming credit card companies.

>>509478527
>then tell me why Klarna is offered on Taco Bell?
advertising? I think it's very effective because you will be paying more attention to a payment page than a front page. You'll also see it frequently.

>>509482091
Makes sense. The U.S. isn’t a real country. It’s a vector for globalization.

>>509481851
Yeah the cost of housing being that insanely high does close down the gap of higher pay in USA vs Europ.
And yes I do understand it builds you equity if its a mortgage and not rent and you are really only paying the interest but thinking at the scale of your own life you still need to live somewhere so it doesnt actually help your daily money after expenses when that equity is tied in your house

>>509482134
>>then tell me why Klarna is offered on Taco Bell?
>advertising? I think it's very effective because you will be paying more attention to a payment page than a front page. You'll also see it frequently.

It's because the company is marketed towards zoomers without traditional credit cards. It's just buy now and pay later which is what credit cards are. It's the same thing but without the bank and the physical card. You just download the app on your iphone and you are good to go!

I think Klarna is a genius company.

>>509481867
That GME thing had some solid reasoning behind it and it would have been funny had it worked but thinking that they could win kikes at their own game when the kikes can literally print money out of thin air is fucking retarded.
You cant outjew the jew in banking it created the system the only way you beat the jew is with a gas chamber

>>509481780
>Isn't it $3k basically in all the top 30 cities or something
Possibly, but there's another 3.79 million square miles of country here that ISN'T those places. I have friends that live in those sort of places and most of them own houses in more than one of them. People that "need" to be there for work/business are earning plenty enough to afford it, the losers here who's only job skill is shaking salt on French fries could enjoy a better standard of living virtually any place else.

>>509477003
i'm guessing klarna and other BNPL platforms have some kind of plan to
a) securitize their customers' debt similar to mortgages now
b) feed their non-paying customers into some kind of neo-debtors prison type system tied in with digital ID and social credit score

>>509479336
This is how we increase our GDP and economy

Think about the amount of jobs Klarna creates.

If we get all the stupid goyim in debt and filing paperwork greater israel won't have any issues being created.

>>509476772 (OP)
Klarna lends out as much money as they can and if they themselves don't have anymore to lend they burrow more
They hope to grow so big and massive that their default could pose a serious threat to American economy and will have to be bailed out government (taxpayers)

this is the new meta in american fintech economy

>>509477003
>why are people investing in Klarna?
Like the burger flag said, they're taking a gamble to grow into the biggest pay later-service. When they grow into the biggest one they become an effective monopoly and now businesses have no choice but to buy service from them. And it is a gamble, because only Amazon has managed to do it, every other company including Uber and Netflix have failed.

your sitting in the bath thinking about customers girth?

>>509478191
good point, i hadn't thought of that.

>>509482418
Yeah my point still isn't though whether it can't be afforded, it obviously can because otherwise the prices wouldn't be that high, I mean they obviously aren't above what people can afford.
Point is that the property jew is getting greedy and taking too big of a chunk of people's paychecks without any of the labor, and that's a problem.
Ultimately people having less discretionary income if the property jew steals it all is going to slow down the economy as whole

>>509478695
I'm surprised it's that profitable. The credit limits are pretty low. Is there really that many financially irresponsible people that you can get a 100x profit?
Is this profit mostly from people who fail to use those beefy 0% APR credit cards?

>>509477396
No they sell your debt, if you owe klarna 5000$ they sell them it for 3000$, then its collections problem. Ppl invest because they know it will go up its a bubble.simple as

>>509482555
>If we get all the stupid goyim in debt and filing paperwork greater israel won't have any issues being created.
kek

>>509477770
it's not real anon
global deficit is $340 Trillion, with a T
now ask yourself, who had $340 Trillion to lend, and where did they get it from
it's all smoke and mirrors

>>509476772 (OP)
its really not that insane in the scandi countries it came from. the government will guarantee that they make little to no losses. seems they didn't do their research and thought they can do their kikery in usa too

>>509478695
i haven't heard enough people point out how closely the rise of store credit cards and points systems are tied to the financialization of the economy

it's to the point that businesses like airlines and starbucks and big box retailers are primarily financial entities and their IRL goods and services are just a vestigial appendage providing the excuse for their financial programs

Kohls Cash is Kohls' primary business, Starbucks is mostly in the gift card business and all its coffee and real estate are a minority of their business. American Airlines, United, Delta, with all their infrastructure, all their planes, all their airports are actually primarily credit card and points program businesses.

as other anons have pointed out, this is, at its heart, because of the babylonian debt slavery black magic of fractional reserve lending, which is intended to transfer all power and wealth into the hands of a satanic elite just prior to a cataclysmic crash and invention of global government under the AI beast antichrist control system. which is going to happen in 2 weeks.

>>509478695
fuck i need to get off this website lmao i don't like what it's doing to my brain. i don't enjoy being like this.

>>509476772 (OP)
oh and also unlike elsewhere credit checks are automatic also provided by the government like the collections. for being the socialist utopia they are oddly concerned about bankers profits here

>>509477889
>mfw i have 850 credit but no employment bc disablity but cant even get the govnt pittance for disability bc healthcare is so trash
How do i exploit the rating

>>509482855
You misunderstood he is speaking about fractional reserve lending the cornerstore of this retarded kike system we are all living under, the debt you take on is an asset for them which they can then use to give out even more debt and not just the same amount but several multiples of it (hence the fraction), all of money is just debt I.O.U notes backed by nothing and its never meant to be paid back but used to create more debt. The whole monetary system is just debt layered on more debt and even governments are indebted to jews and paying massive interest payments which are of course again just debt.

>>509477396
nah in finland they send it to government collections and you pay not only the original debt but also legislated interest on that as well as the court costs. i believe its similar in sweden which is its home country. credit and rental is literally risk free here because the government is so heavily involved

>>509479052
remember that the father of the American payday loan industry, billionaire Denny Sanford, was credibly accused after his death of decades of child abuse and the production of child snuff videos
https://www.wizmnews.com/2021/08/28/s-d-court-may-unseal-investigation-of-billionaire-sanford/

he also funded children's hospitals, and children's hospices.

>>509481803
>Hey, mom, co-sign this credit card so that I can nigger-out on a $9 combo meal.
>>509482054
>Thats like what a USPS worker makes nowadays.
I was making that doing an aux route 2-3 hours a day a few years ago. Did you know that you can get a full pension (that is 100% funded) at age 55 from the USPS?
It's not a bad gig if someone didn't have any education or skills and wanted to be able to live and work anywhere in the country then retire in their 50s.
>>509482124
>You seem very focused on having a low credit score and scamming credit card companies.
I thought that was the point of the thread? As Finnbro pointed out and as I said (even here) it is much more difficult to establish credit as a corporation precisely because of how much easier it is to fold up shop, so a business model relying on rolling the dice on a shitload of borrowed money still isn't helping so much.
>>509482223
>the cost of housing being that insanely high
Seriously there's over 350 million Americans that manage to get by without living in the top 30 most expensive/desirable cities. Living in Aspen, Nantucket, or Seattle is not mandatory here.
>>509482370
>thinking that they could win kikes at their own game when the kikes can literally print money out of thin air is fucking retarded.
The irony being that if there actually were some infinite free money glitch, everybody could have cashed out at the inflated high on that stock.

>>509477642
apparently the worries are greatly exaggerated

>>509482856
This anon here >>509481301 had the best take so far the company started in Sweden and nordics have very different system the state will collect your debt so its much more sustainable business model here non-payment isnt such issue and you cant declare bankruptcy to escape it.
It remains to be seen whether they understood the American market or are they setting themselves up for failure considering that ppl could just not pay over there, something which isnt an option here unless you never work in your life.

But the company is founded by a yid on yid money and yids can get infinite money so even if it keeps losing money they can pump more of it in if they want

>>509481532
is that Z-Ro the mo-city don lmao

>>509482940
Yeah its kinda crazy that USA the land of the most kikes and a fuck ton of kikery is actually less kiked in this than the nordic countries are with our system because they have personal bankruptcy and we dont.
Like its pretty astonishing that such thing exists there where you can escape from paying the kike

>>509481644
did you see that Peter Thiel just founded a bank to replace SVB which he crashed?
google Erebor Bank Founder's Fund

>>509477160
>Venture Capital just throws money.
They throw your money. Fed prints, banks spend, you pay in the form of inflation. In fact everyone does because we all hold USD, settle payments in USD and trade in USD.

>>509483114
Yes and even the US government is run on credit as congress borrows money from the federal reserve bank at interest. I think the congress just borrowed another 3 trillion dollars once Trump signs that bill today on 4th of july today. The masses will be cheering as he paints it as patriotic as they all celebrate the holiday in pure ignorance while the rich kikes get a big fat payday on the backs of the tax cattle.

>>509482945
>which is going to happen in 2 weeks.
i heard from a good source that its going to be actually in approximately 14 days

>>509477003
bailout after bailout ensures institutions are effectively de-risked, so they can play fast and loose with their money (which often isn't even theirs)

most individual investors are trend followers who hop on the bandwagon afterwards without putting much thought into it. these are the guys who can lose, and the reason why statistically most investors lose, in spite of the aforementioned de-risking

yes

as you have discovered it's very easy to cheat in America

this is because USA is an extremely high trust society. for the most part of its existence everybody's had a decent life and nobody except a small minority of niggers and other lowlife scum even thought about cheating the system

when an American sees an opportunity to steal, he doesn't even bother because it's not worth their time
when a pole (the nigger of europe) sees an opportunity to steal, he has to exploit it to the maximum extent humanly possible and brag to everyone around him how he did it. this is why poland has never used cheques, chip+PIN credit cards were rolled out 20 years ago, mandatory fiscal cash registers were introduced instantly after the introduction of capitalism and it's literally unthinkable not to lock your house and car all the time

>>509478601
good luck with that here. the kike government provides yet another database where they can automatically check your income so you can't do things like that :)

>>509482997
yeah its banker heaven. although on the other hand you can use cooperative banks here which do not generate profit for the jew. its more these loan shark instant cash companies like klarna which abuse the system to fuck over stupid young people

Cooperative businesses are actually excellent but it strikes fear into the jews heart

>credit card
Don’t have one, don’t want one, don’t need one
>but you can earn POINTS
Yeah enjoy yourself. I don’t give a shit about this Jewish nonsense. If you have one of these then you should pay it off and get rid of it. It’s a Gold Goy Pass.

>>509483710
We have grocery store cooperatives, they are excellent, compatible with free-market society, and does not require any state intervention whatsoever.
They're basically the magic bullet against the evils of capitalism in the merchant part of the supply chain which making profits is pretty much just leeching as they dont produce anything, just sell products other people make.

How do I know?
Because most our grocery stores as such, they are huge here, called the "S Group".
They have everything from small supermarkets for groceries and everyday items to massive larger-than-walmart hypermarkets where you can buy everything and the kitchen sink.

How does it work?
Cooperatives like that are basically "customer-owned companies". So every person can only buy max 1 share in the company at a set small price, say 100€, and thats it.
Its aim is to sell stuff as cheaply as possible to the customers, and not to make a profit except to keep expanding and operating.
All extra profit it makes, simply gets sent back to customers each year.

It's fucking simple, effective, fantastic and the one form of company that jews do not want you to know about.

A chain of grocery stores not generating a profit isn't what the jews fear most though.

It's what comes next... (cont.)

>>509482584
>They hope to grow so big and massive that their default could pose a serious threat to American economy and will have to be bailed out government (taxpayers)
If they think that then they're more retarded than (You).
>>509482768
>Point is that the property jew is getting greedy and taking too big of a chunk of people's paychecks without any of the labor
So you believe that there is some Jewish person that owns every single piece of real estate in those cities and just sets the prices for homes there arbitrarily and without any competition in the market?
Do you believe that supply and demand is talmudic magic or something?
>>509482945
>Starbucks is mostly in the gift card business and all its coffee and real estate are a minority of their business. American Airlines, United, Delta, with all their infrastructure, all their planes, all their airports are actually primarily credit card and points program businesses.
Source: Some unemployed and unemployable NEET who thinks that stiffing some nigger tier credit card phone app for a happy meal is fighting the system.

>>509483732
It's what comes next, cooperative BANKS, that strikes FEAR to the jew's cold twisted heart.

We already have had one for decades, Osuuspankki (lit. "share bank"), and now recently the S Group also has its own bank.
And what is this bank's mission? Again same thing, you can only buy 1 share ever, and you become an owner of the bank. You can't ever own more of the bank than the 1 share, everyone owns it equally.
And what is the bank's mission? To not make profit, but to provide banking services and loans as cheaply as possible to the customer-owners.

Imagine that, a bank which doesn't aim to generate a profit, making it immediately the best option for everyone so its by far the most sensible form of banking you can do in this current system.

>>509478701
for the middle class its pretty common to pay everything on credit. they then receive a bill which they pay off when they get their salary. its so common actually that people might not even recognize it happening

>>509483396
It's based on the concept of Jubilee in the Bible. Debt is forgiven every 7 years.

>>509477003
They package these with other credit and create investment devices. This is the 2008 crash on steroids if these companies don't all go under quickly

>>509483285
I repeat, outside of unemployed and unemployable retards on social media, people here in the USA are doing fine. I work in my town office and see people of all ages coming in every week to get building permits, register vehicles, get marriage licenses, etc.
>>509483456
>as congress borrows money from the federal reserve bank at interest.
Fun fact: You can also loan money (at interest) to the federal government by buying treasury bonds. I did quite well with some of those short-term over the last few years.
>>509483686
>bailout after bailout ensures institutions are effectively de-risked
>statistically most investors lose
So if there's some infinite free money glitch where there is no risk how can anybody ever lose? Tell us a bit about some of your investments.

>>509483778
you've just described a credit union. there's fucking tons of them and half of Americans are members of one

>>509483734
>So you believe that there is some Jewish person that owns every single piece of real estate
Yes. Most of the real estate has been bought up by corporate Jews to rent out. Then they imported tens of millions of illegals to drive up prices.

>>509483192
it wasn't really infinite free money glitch, the point was that there supposedly was so large glut of call contracts being shorted that if the monkes bought most of the available stock on the market the institutional players shorting those calls would have had to buy the stock with insanely high prices
but even though the GME monkes did buy a massive amount of the stock that a 'squeeze' was supposed to happen, somehow the institutional investors found some out-market stock to cover all the call contracts and it didnt happen because of course they did
retarded to even think they could out-yid the yid

>>509477770
This is just complete bullshit. More people use credit cards than cash and they don't pay it off weekly.
Utilities are now typically paid by credit card so thats like $500 a month

>>509484090
>I repeat, inside my imagination, everything's great, and I don't understand that the actual social metrics show a society in unrecoverable freefall

>>509483396
>>509483876
Because money is a social construct. It's not real. They make the rules so they make the exceptions.
>>509484090
>Fun fact: You can also loan money (at interest) to the federal government by buying treasury bonds. I did quite well with some of those short-term over the last few years.

Yes this is what wealthy Americans do for a sure profit.

>>509479825
maybe they don't now but if you ever think of changing your ways they will follow you for like 20 years and theres various tricks to keep renewing it too so you'll really only have the option of moving away and starting a life elsewhere

>>509484134
>Most of the real estate has been bought up by corporate Jews to rent out.
Source: Some demoralized NEET on 4chan.

>>509479287
lol dude this isn't some gangland shit. besides it's mostly niggers using this on frivolous bullshit so those collectors are likely to die in the doing.

>>509476772 (OP)
They’re probably up to their eyeballs in VC capital and will operate at a loss for many years until they corner the market, then they will become progressively enshittified until it resembles nothing but a barely functional, but monopolistic Jewish scam. Just like Uber, dating apps, etc.

>>509484326
The bank owns the home in 90% of homeowners

>>509482930
the sinister part is how they created $340T of fake money and in the process bought up everything real

>>509478914
>only names toys for children
Grow up

>>509484190
So there wasn't an infinite free money printer that gave that hedge fund enough liquid cash to just buy all that stock from Redditors after all?
>>509484276
What do you do for work? What have you attempted to do in the past few years to improve yourself or your situation?
>>509484299
>Only the ultra-wealthy can afford to invest $100
Just how badly did you fuck up at life, anon?

>>509483686
>most individual investors are trend followers who hop on the bandwagon
yes but now the bandwagon are index funds, something like 50% of individual investor funds are now in indexes
this has created this unprecedented situation where s&p500 companies basically have become ponzi schemes because people keep pumping more and more money into them like basically at this point it doesnt even matter what they do anymore
the pajeet CEO at microsoft can replace all the workforce with pajeets and have them do cow dung fights in the office even if it starts losing money it constantly gets massive influx of cash from everyone investing in the company they could dilute the stock by releasing more shares and the pumping will just keep going and going
its pretty insane and we'll see how this all ends in ~a fortnight

>>509484481
>The bank owns the home in 90% of homeowners
Source: A demoralized tranny from r-Antiwork.

>>509476772 (OP)

Insurance companies is what you are missing.

>>509481301
i wonder how things got like this considering scandis are the most anti capitalist there is. it just makes no sense considering the culture

>>509483734
No I mean situations like this:

For example, a israeli jew called Chaim Zabludowicz owns 40% of all land in downtown Las Vegas.
This means that every person living on that land, improving that land, using it for business, etc. basically half the people doing anything in Las Vegas are paying billions in rent to a jew that does absolutely no labor.
This makes no sense, and is absolute insanity, why the FUCK should someone from a foreign hostile tribe own your tribal lands just to rent them back to your tribe?! Total and utter insanity. Foreigners should not be able to own White lands.

>>509483114
>your debt becomes their asset which they use to take on debt themselves ('on margin') to get more cash to lend out
>a bank that might have £100M deposited in it can bypass a 20% reserves constraint and lend far more than £80M
damn that does sound nutty
Thanks for clearing that up, I thought fractional banking only insinuated that banks could play with your money when you weren't looking
I think my english teacher mentioned this too at one point

>>509484669
>s&p500 companies basically have become ponzi schemes
So you believe that the only source of revenue of those companies is just stock sales? Can you back this up with some SEC filings?
For fuck's sake, it's no wonder you retards are so poor you think scamming a phone-app credit card for a large onion rings is high stakes finance.

>>509484134
Precisely.

>>509484919

And if thats not enough...it only gets worse.
Because some jews fuck the White people twice.
Not only do they have to deal with depressed wages and rising housing prices because of all the non-whites, but in cases of socialized housing like section 8, the non-whites gets housed on Whites dime and the jew gets the rent-check.

So not only did you have to buy a much much more expensive house than it should have been, but you're now paying taxes to pay the jew a rent-check to house non-whites.

Example Section 8 rent-check for 2BR ghetto-ass apartment in NYC is $3,027/month
>https://www.nyc.gov/site/nycha/section-8/voucher-payment-standards-vps-utility-allowance-schedule.page

So it goes like this
>be Jewish
>jewish in-law who works at the bank makes sure you get approved for a loan
>buy 20 nigger storage units
>niggers come in with section 8 vouchers in hand
>get paid $3,027/month per
>$60,540/mo or $726,480/yr of completely free money, extracted from the backs of the White taxpaying working-class
>money which the kike worked 0 hours for
>all the while enjoying watching White society disintegrate itself and Whites paying Jews for their own destruction
>the entire business model is scamming Whites
>they already functionally have a thousand gentile slaves each paying tribute

>>509476772 (OP)
affirm gave me like $2500 with 0 interest and no hard credit check. I was gonna pay cash but instead I put it in an interest bearing account and took the free money instead.

thx affirm investors for the free cash.

>>509483734
>supply and demand
Also the demand, the competition, might now be the combined rent checks of 20 jeets in a single-family house. It's literally already happening.

>How to make housing affordable again?

When the White family no longer has to compete with the rent checks that 20 jeets put together are going to pay the jew that is going to buy the house for rentiering purposes
>oh sar you whitey are too princes you must live in squalor like we jeets do 20 to a house
No, fuck off jeet, get the fuck out of my country.
>shlomo here, you should allow me to buy lands and properties in your country so i can rent them to jeets or even back to your own people
No shlomo, you need to be put in a gas chamber

In a nutshell what we should do
1) laws that ONLY native Whites can own land & property
2) laws that ONLY native Whites can go into parliament, government jobs, or any positions of power
3) laws that ultimately will close the doors from nonwhite foreigners, strip the citizenships from nonwhite people that have gotten them and expell them from the country

And if you think 3 isn't possible, thats just the jew talking to your ear. In 1923 America, before jews removed the White-only immigration laws, there even was a Supreme Court case (United States v. Bhagat Singh Thind), where a jeet had slithered into USA and then tried to "we wuz Aryan" so he would not be deported. The Supreme Court laughed out the jeet out of the country, and they ruled that not only must that jeet be deported immediately but that if there are any jeets in USA that have been accidentally given citizenship, their citizenships must be revoked and them deported immediately too.

>>509484614
>>Only the ultra-wealthy can afford to invest $100
>Just how badly did you fuck up at life, anon?

Low risk, low reward. That's basically a non starter for me.

>>509476772 (OP)
>see a service
>immediately think on how to exploit it for free gibs
Nigger mentality.

>>509484614
>So there wasn't an infinite free money printer that gave that hedge fund enough liquid cash
You misunderstood. That was the point that supposedly they should have needed to buy the stock off the market i.e. the redditors
But the institutional investors managed to find off-market stock under their sofa cushions so they could fulfill their call contracts without having to go to the market, and the whole thing went belly flop
They tried to out-yid the yid, which is fucking retarded trying to play against the jews in a system where they create the rules

>>509483732
yeah its nice although a bit questionable that politicians are involved in the management

>>509484864
>Chaim Zabludowicz
His real estate company controls a total of 3 billion dollars in real estate assets (all combined, not just Las Vegas). The valuation of all real estate in Las Vegas is 28.5 billion, so even if his company ONLY owns real estate in Las Vegas your 40% claim cannot be true or is intentionally misleading.
>>509484864
>This means that every person living on that land, improving that land, using it for business, etc. basically half the people doing anything in Las Vegas are paying billions in rent to a jew that does absolutely no labor.
I have a friend who is an OTR truck driver that bought a house out in Las Vegas a few years back and he didn't mention any of that. Do you even think about what you type? How broken is your ability to detect bullshit?

>>509476772 (OP)
>don't pay back 30 dollars of Klarna
>interest is 15-20% for that
>over 10-20 years the money owed is 300 euros
>additionally fined for owing money
>bad credit scores
>can't afford a house because of bad credit score
>rent slave until you die
all because you didn't want pay 30 dollars for something

>>509484905
>So you believe that the only source of revenue of those companies is just stock sales?
I didn't say anything like that. You sound very jewish twisting the words and building retarded strawmen out of it.
What I'm saying is that with the enormous amount of money being pumped into S&P500 right now, the company in that free gravy train *could* just stop making profits and start selling their stock (inb4 you make another retarded strawman, obviously in amounts that wouldnt get them knocked out of the S&P500 list tho)
I can't remember the numbers from top of my head and cba to check but it was like <5% of individual investors investing in index funds in 2000 and now its 50% so its a massive paradigm shift and an unprecedented situation.
The whole point of the market is that there are supposedly "rational" actors gauging the value of a stock and making investment decisions with that, but an index fund bypasses that, you arent really making any decision you just pump money in the 500 largest companies and thats it, and you just keep doing it forever and other people keep doing that too.
Of course we could digress to where the market has never been rational but thats outside the scope

>>509483778
that bank is also the only one who doesn't charge a monthly fee to use it. its insane the banking business was allowed to shift from paying interest to everyone to collecting fees of something that people are basically forced to use since salaries and even neetbux aren't given in cash anymore

>>509477003
data. you have data on what people buy and spend. it has value if you sell data.
the data itself doesn't need to be meaningful. you just need it and you're able to sell it to people who use its existence to justify their perspective.

>>509484326
make it in desirable areas and suddenly it gets a lot more jewish wherever you go

>>509477455
I do not recognize any worldly debt.

>>509484702
40% is quite high, especially considering the home prices today, I didn't think it was that high.
So it must be that most boomers who bought their houses when they were still cheap are fully paid off but millennials/genZ getting into market now are locked in debt slavery for their entire lives, that is if they can even get a mortgage considering the multiplier of average wage vs average home price has risen considerably especially in the last decade

>>509484919
>If "Homeless Romantic" posted this it must be true!
Have you ever heard the term "clickbait" before?
>>509484967
>Some retarded schizo bullshit.
If you believe that owning a section ape apartment building in NYC is an infinite free money glitch there's over 500 of them for sale right now. You and anybody else are perfectly free to jump on the bandwagon:
https://www.loopnet.com/search/apartment-buildings/new-york-ny/for-sale/?sk=e920d96bb277172068df8544daca99d4

>>509485643
They think by collectively not paying back their loans the company will go bankrupt and they will be absolvent.

>>509485643
only nigger-tier people would be like
>I want that.
>Thank you for that. I'll pay you back later.
>No, actually I wont.
they deserve every harm that befalls them.

>>509485034
>This is happening so often the only proof I have is a screencap from over a year ago.
So you've never heard the term "clickbait" before, have you?

>>509484852
There are lot of jews in sweden and lot of their laws/practices got exported here.
Swedish kikes even own our media, how else did you think it got that bad that they always try to under-report migrant crime, not mention their names/ethnicity or have a picture when the perp is non-white, but do 15 stories with name and picture if its a White native?
And deliberately misleading shit like when couple of months ago there was the "Englishman" who had stalked some Finnish girl online and came here and attempted to kidnap rape and murder here.
No name no picture because one would have found out that the "Englishman" was actually a pakistani

Pic rel is a good example from sweden how the same story got reported in jewish-owned ((expressen)) in sweden vs danish-owned dagsbladet in norway.

>>509484852
Debt is anti-capitalistic

>>509477003
>why are people investing in Klarna?
Have a look at the concept of "Blitzscaling", anon. Basically the idea is
>we need your money to disrupt the market. 10 years from now, once the market is good and disrupted, we'll figure out how we're gonna make money from it
And investors are retarded enough to buy this.

Listen to The Flashbulb explain:
https://youtu.be/gqtrNXdlraM?t=864

>>509476772 (OP)
The defaulting debtors will get fines and interest added to their bill. Some of them will be wealthy enough that the debt can be pursued, so the debts can be sold.

>>509486237
the same way that using a toilet is racism against indians?

>>509485132
>Low risk, low reward. That's basically a non starter for me.
Yeah, you should stick to ripping off a fast food credit card app for a #5 value meal at Taco Bell. There's going to be your ticket to riches.
>>509485490
>supposedly they should have needed to buy the stock off the market i.e. the redditors
Right, and if your theory about some infinite free money supply to Jews were true the hedge fund would just have fired up their magic printing press and paid out.
Do you have any theories that actually hold up to any scrutiny or can be evidenced by reality?
>>509485739
>the company in that free gravy train *could* just stop making profits and start selling their stock
Yeah, and my uncle "could" grow a uterus and become my aunt.
>you arent really making any decision you just pump money in the 500 largest companies and thats it
So you believe that if I buy a share of Caterpillar stock, Caterpillar pockets that money?
You don't actually understand how stock works or what it is, do you?

>>509481168
Niggers using anything related to finance is the most hilarious thing ever.

>>509478957
>Credit cards are very common in America. it's just in Europe they are not.
Huh? Everywhere you go you can pay with a card. Maybe they're all using debit cards? Oh well, when I was over there I used a credit card for everything and racked up points. Of course I pay it all off and don't accrue interest.

>>509485587
Oh wait you ARE a JEW (or a pajeet, your ancestor), I did think of that considering your pilpul but I wasn't sure.
The 40% claim comes from "Estates Gazette" some industry publication focused on real estate.

>Zabludowicz came to attention in Britain when he backed David Cameron's Tory Party leadership bid to the tune of £15,000. The 55-year-old holds a Finnish passport, but has lived and worked in London for most of his life. His father Shlomo, a Holocaust survivor, built the family business around Soltam, an Israeli defence contractor, but most of the defence interests have now been offloaded and the family has diversified heavily into property and hotels.

>Zabludowicz now owns 40% of downtown Las Vegas, including half-a-dozen casinos. He also owns the Tides hotel in Miami and the Ritz Carlton in Barcelona, but sold the Princes Arcade on London's Piccadilly for around £120m.

>He has a number of companies, including Tamares Real Estate Investments and Ivory Gate. Tamares is set to invest around £285m in a series of floating shopping and leisure schemes at ports across the world.

>Equity investments in areas such as card payment technology have also proved lucrative for Zabludowicz, who is also a major modern art collector and is on the board of several Jewish/Israeli charities. Our sources reckon Zabludowicz is easily worth £2bn.

The reason I know about it is because his dad Shlomo originally made their fortune by stealing some patents from Finland he became a partner in a Finnish arms manufacturing company which made best in the world grenade launchers and some other things at the time, he managed somehow to get the patents transferred to him personally and then drove down the company here and went to israel created an arms business there using the stolen patents made by Finnish engineers. Then later went on to go to real estate and other things

>>509486502
>>Low risk, low reward. That's basically a non starter for me.
>Yeah, you should stick to ripping off a fast food credit card app for a #5 value meal at Taco Bell. There's going to be your ticket to riches.

You are being obtuse. You are never getting rich unless you are already rich investing into t bonds. Which was my point. It's a non starter. Most Americans don't even invest into the market. It's the same idea. Money now is worth more than money later because Americans need the money now.

>>509479755
That hasn't been true in a long time. Most cars retain their value quite well now. Hell, for a while there, when car prices started ramping up, you could own a car for 5 years and sell it back to a dealer for close to what you bought it for.

>>509485902
>jump on the bandwagon:
I would need to have a jewish contact at a jewish bank first to give me a low-interest loan (although aren't jews supposed to give interest-free loans to each other, i don't know how that works exactly you should know better)
And of course a friendly jewish clerk at the whatever office making section 8 designations so i could make it a nigger storage unit and have the taxpayer cut the rent-checks

>>509485867
>Some demoralization fan-fiction.
I've got a friend in his 20s who makes well over 300K a year commercial fishing. He bought his house cash after a couple years working.
Who do you believe is in "slavery" here? Why do you believe everything you read on the internet?
>>509486283
>According to this youtube video the wast has fallen and society is collapsing! Don't forget to smash that like button!
..... and then one day, for no reason whatsoever, the Jews decided you were all just cattle.

>>509480076
>You have to have some sort of large income
No you don't. I have a very unimpressive income and I also have multiple cards with $17k-$20k limits. I never get close to that. My balance is never over $4k and I pay if off every month. And I'm always getting emails asking if I want to increase my limit, but I have no reason to.

>>509485992
Wait so now you are saying that packing jeets into single-family homes isn't a thing?
You can find canadians complaining about it all over the internet how packs of jeets moved into the neighborhoods.
You seriously haven't heard about jeets setting up fake colleges in canada so they could import more jeets and then a jeet buys a house and houses 20 of them in a single family house?

Now you are just playing dumb, one of the "argumentation" tactics of jews. Exactly as Hitler described, kek

>>509477003
a lot of people seem to be missing that most people do end up paying. Most people dont have the "sam hyde" creditmaxxx mindset. Most people, pay even a 2 dollar charge for their burger.

>>509480868
>rare

>>509486944
>According to this youtube video the wast has fallen and society is collapsing! Don't forget to smash that like button!
That's not what the video is about at all. It's an argument that the death of capitalism is entirely intended because the desire to amass wealth is ancillary to the desire to amass power and the elite have discovered new ways to cut out the middleman on that.

>>509486502
>hedge fund would just have fired up their magic printing press and paid out
Or have to sell some other assets to pay out their contracts. You are just playing dumb now.

>Caterpillar pockets that money
No, but it could sell stock and dilute it and pocket that cash. I already mentioned it. You are just playing dumb and continuously making new strawmen of things already pointed out

You still haven't realized why everyone hates you jews?

>>509486944
>and then one day, for no reason whatsoever, the Jews decided you were all just cattle.
What are you talking about "one day"? If you had paid attention in your talmud class, you'd know that its literally what Talmud says about the goyim. All of the world is yours to exploit and everything in the world is yours. A single hair from a jews head is worth more than a thousand goyim lives or something

>>509477443
I’m in well over $98,000 in credit card debt. The klarna thing and those like it are just another source of income for someone like me. I’ve been able to keep the gravy train running for almost 9 years lol. Sometimes I pay the minimum, most times I don’t. Sometimes I actually show up to court and fight my case. I never win but get my debt reduced and work out such a ridiculous deal that it almost feels like a win ($15 a month on a $25,000 debt).

I live in an abandoned bus I renovated into living quarters here in a very remote part of Kansas. No one bothers me and honestly I enjoy it out here (I’m originally from California).

>>509481736
>>509481851
In Washington DC, you can get a 1 BR for about $1800-$2000 these days. Of course, the sky is the limit if you want a luxury apartment.

>>509486624
>The 40% claim comes from "Estates Gazette"
Did you read the original source? How did they come up with 40%? I did a Google search on that guy and found the claim that they control 3B in assets and then searched the tax assesment valuation of Las Vegas and did not arrive at 40%.
>Everybody who doesn't believe every clickbait headline they see is Jewish.
OK.
>Our sources reckon Zabludowicz is easily worth £2bn.
Again, you can see the valuation of Las Vegas in their municipal budget as the amount of property they're assessing for taxation. IF your 40% claim were true, that yid's real estate company would need to own around 14B worth of real estate just in Las Vegas.
Can you explain the discrepancy between the Las Vegas tax assessment and municipal budget and your retarded clickbait? Because near as I can tell his company owns some pissant hotels and "literally fucking who?" casinos in the nigger part of town and doesn't even own anything on the strip.
>>509486642
>Most Americans don't even invest into the market
Most Americans are brown mud-races. >>509486841
>I would need to have a jewish contact at a jewish bank
>And of course a friendly jewish clerk at the whatever office making section 8 designations
I see, so you figure there's 500+ apartment buildings for sale in NYC right now because all the Jews who could be getting free loans to buy them are too busy working in the welfare office?
How much money do you have to invest in this? Why not just put in your own money and find some other people to invest with you if you believe you've found an infinite free money glitch, it should be an easy sell, right?

>>509483715
It's a 2-5% discount on everything.

>>509487663
That's actually not too bad, considering DC salaries.
But still fuck living in a coffin of a 1BR apartment and still paying out of your ass for it.
Everyone here calls 1BR apts "suicide boxes" because thats what they are.
I mean come on, busting your ass every day to work in an 1BR apt while Schlomo collects interest in the penthouse / mansion or both doing zero labor.

>>509483715
The points thing is the closest thing that a gentile can get to a Jewish money printing scheme and you’d be an idiot if you didn’t do it provided that you have the resources and stability to do it.

>>509486981
>Wait so now you are saying that packing jeets into single-family homes isn't a thing?
If it is so common why are we still looking at the same video clip from years ago as the evidence of this?
>You can find canadians complaining about it all over the internet
Well, I guess if some Canadian writes something on the internet it must be true.
>You seriously haven't heard about
I've heard a lot of crazy shit, but can you give me some evidence that this is a common thing? What percentage of single family homes in Canada do you believe are housing dozens of street shitters? If this is happening all over the place why are we still looking at the same 2 screencaps and this one WEBM posted here years ago?

>>509484190
>somehow the institutional investors found some out-market stock to cover all the call contracts
The poofed shares into existence out of thin air. When you "buy shares" through a broker, it's just a database entry. Just like money they can "print shares" using fractional reserves. There are usually more shares of any stock floating around than there are listed as "total shares outstanding." It's all a scam.

>>509487003
Nope, that's our culture swedebro. In our nation being in debt and using credit is still culturally frowned upon, albeit it's dwindling.
In the US that shit is out the window and debtmaxxing is the name of the game. Klarnas businessmodel depends on the instinct to honor debts. How many mutts do you think have that instinct?

>>509488003
The article is from 2007 so that might explain the discrepancy. Real estate prices have gone up in 20 years and value of money obviously also has went down.
Anyway he is just one example of a billionaire real-estate jew living on rents from people person living on that land, improving that land, using it for business, etc.
Even Adam Smith called landlords robbers and its doubly true if an foreign tribe owns your land and rents it back to your people - imagine the insanity of that.
The jew might have never even set foot on the land let alone improve it, but he is still collecting rent from it.

>>509488003
>there's 500+ apartment buildings for sale in NYC right now because all the Jews who could be getting free loans to buy them
I'd wager those apartment buildings aren't section 8 designated so the jew thinks its money is better spent off elsewhere

>Why not just put in your own money
I dont have 30 million dollars at hand to buy an apartment building, im not jewish.

Btw how does exactly jews giving out loans to other jews work when they're not supposed to charge interest from another jew? Do they just disregard the Talmud and charge interest nevertheless or do they make it zero-interest?

>>509486624
>originally made their fortune by stealing some patents from Finland he became a partner in a Finnish arms manufacturing company which made best in the world grenade launchers and some other things at the time, he managed somehow to get the patents transferred to him personally and then drove down the company here and went to israel created an arms business there using the stolen patents made by Finnish engineers.
Is that how the galil got made?

>>509488311
There is absolutely a shitfuckington of pajeets in Canada gobbling up the housing as there are non-whites in all White countries now due to jew's mass immigration.
Its fucking insane, you pretending now that it isnt happening.

I should take my own advice and never argue with jews, but just kill them.
Get a fucking load of this kike, holy shit, you have went beyond playing dumb and to straight up lying.

>>509488080
Most people only live in those in their 20s. When I moved to DC I lived in a studio apartment for $1300/mo which included the $100/mo for the parking spot. Now I think that same studio apartment rents for $2000/mo. But it;s in a quiet condo complex with nice courtyards and gardens right in the middle of the city with a 5 min walk to the metro.

>>509487138
>Or have to sell some other assets to pay out
But if your original theory that they just have a magical free money printing machine is true why would they ever need to sell anything?
>it could sell stock and dilute it and pocket that cash.
So if the company's cash reserve goes up by the exact amount the shares they create sell for then the equity represented by my share remains unchanged. How often do you believe established corporations do such things and how does that hurt or benefit anybody?
What do you do for work and what sort of things have you invested in?
>>509487273
>its literally what Talmud says about the goyim
Explain why you believe everything you read on the internet and tell us why you suppose they'd consider you cattle?

>>509488828
No it was grenade launchers, howitzers, anti-tank weapons, artillery, mortars.
Galil is made by a different company.

>>509477346
people using a payment program for a pizza generally don't give a shit about ruining their credit rating and it's not worth a collection agencies time to go after a $0.40 payment. Besides, it's not like they can repossess last months burrito.
so what exactly was klarnas plan here?

I really don't get it.
>be in usa
>i open a new CC
>it has 5k-10k limit
>15 month 0% apr introductory period
>can balance transfer it
>15 months run out
>i close and open a new CC and do it again
Been doing for 15 years now, its stupid easy. 823 credit score as of this morning.

>>509483715
I use a credit card almost exclusively for my purchases but I also pay the balance off in full each month

If I do get scammed, none of my actual money is at risk and the credit card company will crawl through burning coals to find out where THEIR money actually went.

>>509488916
>why would they ever need to sell anything?
They wouldn't. But they could. You are missing the point, deliberately, again. It was about the scheme, not how the hedge fund would have gotten the money.

>... how does that hurt or benefit anybody?
That's the point because being in the S&P500 gravy train basically they could be moving investor cash into their own pockets but it would keep coming anyway. That's the whole point that its crazy now, it makes no sense. But you are deliberately playing retarded and its getting very tiresome saying the same thing over and over while you are in stuck some sort of loop asking the same bullshit again worded differently.

>they'd
Why do you say "they", when its already clear that you're jewish? Why do you lie? Is it genetic?

It's so fucking tiring, talking to a jew. I don't know why the fuck I am doing this.
Do you really not realize that everyone hates you, and its not for "no reason" but entirely because of jewish behaviour.
Do you think that all those 1000+ expulsions you had over centuries in places far from each other, that people just telepathically beamed antisemitism for no reason whatsoever, that you never did anything wrong yet kept getting pogromed and kicked out?

Also considering that you've been kicked out from literally every society you've ever infested, do you really think that this time it isn't going to happen?
You've had a good run of 80 years without a single pogrom, how long do you think you have left till your next one?
How come you never consider stop being so jewish so people wouldn't get fed up with you so badly to the point of getting murderous? I guess its in your genetics and you cant help but be a jew.

>>509477443
>buy burner phone
>get 69 bucks paypall account for 100 dollar amazon gift card bought with cash
>use paypal to leverage yourself into 700 bucks of meals
>costs about 150-200 at most

People call niggers dumb but they do shit like this. It's a big market.

>>509487492
>feels like a win
>I live in an abandoned bus
Thanks for the laughs. Here's a (You).
>>509488080
>But still fuck living in a coffin of a 1BR apartment and still paying out of your ass for it.
DC """rich""" don't live in the city proper they live in exclusive suburbs, and again, living in those areas is not compulsory.
>doing zero labor.
What do you do for work?
>>509488443
>The article is from 2007 so that might explain the discrepancy.
So you believe that his couple blocks of bullshit hotels and run-down casinos in the nigger part of town = owning 40% of the city? Have you ever been to Las Vegas?
>living on rents from people person living on that land
That company owns casinos, hotels, and office buildings, not single family homes or apartments.
>The jew might have never even set foot on the land
I've been to Las Vegas a few times and I've never set foot in that part of town either. Literally nobody fucking cares, it takes nothing away from me.
>>509488617
>I'd wager those apartment buildings aren't section 8 designated
And I suppose you believe that only jewish people are allowed to sign up with HUD to run nigger nests?
>I dont have 30 million dollars at hand to buy an apartment building,
How much do you have? If you have a solid business plan (you've discovered an infinite free money glitch after all, right?) why not pitch it to other NEETs and you guys can go without V-bucks or blacked.com subscriptions for a few months and put your money into an LLC to own a NYC apartment building and start raking in the free money.
>how does exactly jews giving out loans to other jews work when they're not supposed to charge interest
Near as I understand it they add the cost that you'd pay in interest and just call it something else. Similar to the kosher switch or flying in a dry cleaning bag. The point is to kike one over on God; do what you want and get one over via word games or some elaborate Rube Goldberg machine that gets you to the same place.

>>509478900
i've declared bankrruptcy 4x and my current score is 763
go fuck all your logic

>>509477455
When they sell debt like that, they have to take a hit.
If they are owed $1000, theyll sell the debt for far less than that

>>509489790
>they could be moving investor cash into their own pockets
So you believe that the corporation is somebody else besides the shareholders? Again, I think the problem is that you don't understand what stock actually is or how it works.
>everybody who isn't a broke loser is Jewish.
And born in the 1970s. Don't forget the part where baby boomers were all paid $400 an hour in gold doubloons for pumping gas.
Now tell us what you do for work and what sort of investments you're in?

>>509488080
the housing market feels like its carefully crafted to extract at least half of the average persons income

>>509477003
>Like what I'm a missing here? There is literally no chance to profit here
its already included in the price you fucking retard
the vendor pays fees

>>509490285
>the housing market feels like its carefully crafted to extract at least half of the average persons income
What do you do for work? What is your income? What percentage of your income are you paying for housing?

>>509489202
that only applies in civilized countries. in finland and sweden the government will absolutely rape you for those pennies and its worth it because they'll add all the expenses on top of your debt. its ridiculous they do this but its possible because of the poster boy syndrome these countries have, got to be the role model for the rest of the world no matter how insane shit it is

>>509490561
Why do you keep dodging the question of what you do for work?

>>509490628
you're just a boomer that wants to tell me how the housing market is totally healthy and not overpriced at all because some tranny in silicoon valley makes millions shitting on the streets

boomers killed the housing market. america has 20 million millionaires now - most of them simply because they bought a house some 20+ years ago and now its worth more than a million.

the boomer generation are the worst faggots on earth. investing and profiting from living space should simply be outlawed. renting is a retarded medieval business model and it makes faggots so powerful they managed to keep it going until today. gay fag jew shit.

dont forget that land lords are among the top lobbyists for more immigration. it makes them fucking rich, whereas a shrinking population would ruin them. thats why theyre so turbo jewish about immigration

>>509489518
Same. Also you get free money via rewards. Jews don't care because on average most people don't have the self-discipline to do use a credit card responsibly, so they still make money in the grand scheme of things.

>>509490801
>Everybody who isn't a whiny retard is in the 70s
I see, but what do you do for work and how much savings do you have? Do you want to own a home? If so, what action are you taking to make that happen for you?

>>509491163
The prospect of owning a home doesn't exist for most people under 40. The down payments alone are like $200k

>>509491163
people in europe get to save 10k per year when they live like absolute dogs, meanwhile houses are 400k +

math me that.
houses went up by a 2x since 2010 while wages stayed the same for the most part.

>>509491069
>20 million millionaires now - most of them simply because they bought a house some 20+ years ago and now its worth more than a million.
Source: Another demoralized NEET blaming everybody but himself for his failures.
Currently there are only 8M homes worth over a million dollars in the USA.
>land lords are among the top lobbyists for more immigration
Source: Trust me, bro.

>>509491330
>Source: Trust me, bro.
no, u

this is not how it works, fag

>>509491304
>The prospect of owning a home doesn't exist for most people under 40.
So what do you do for work and how much savings do you have? Do you want to own a home? If so what actions are you taking to get there?
>>509491321
>houses went up by a 2x since 2010 while wages stayed the same
What do you do for work and how have you not managed to increase your earnings since 2010?

the main faggots lobbying for immigration are business owners and land lords. if you dont understand this simple fact i have no reason speaking to you

richfags keep on winning, meanwhile everyone else stays at 0

>>509491523
I'm a software engineer. I have about $100k in investments currently. I will never own a home.

>>509491419
>this is not how it works,
OK. Now tell us what you do for work and what actions you have taken to try to get into home ownership?

>>509491069
so you're telling me i should start a business selling stuff to boomers

>>509491529
>meanwhile everyone else stays at 0
So you're unemployed and unemployable and you are mystified as to why you are broke?
>>509491568
>I have about $100k in investments currently.
Here's a comfy looking little starter home for you for only 51K leafbux. Or do you need to be within walking distance of an avocado toast wine bar?

>>509476772 (OP)
I knew we were cooked when there were zelle "payment plans" offered on $18 online vapes

>>509491946
People gotta get it now.

>>509491896
Sure let me just move to the middle of buttfucknowhere Quebec where no one speaks the same language as me. I'm sure that little village is just booming with software dev jobs.

>>509476841
What till he learns that uber eats and instacart are net negatives also. They are bleeding money massively but still operate and "profit" (similar to a pyramid scheme where the guy at the top is the only to profit).

>>509478229
Don't call them microloans. Call them microusury.

>>509492035
>REEEEEEE where will I get my avocado toast!
OK, so your issue isn't that you could never afford a home, but you can't afford to own a home within walking distance of a craft brew pub or barcade.
You claim to be a software developer, if this is true and you're worth a shit at it you can remote work from literally anywhere so why do you feel that your only options on places to live should be some trendy city?

>>509492564
thats just tax planning. after development these apps have basically zero cost to run and will just keep printing infinite commission gains while niggers do all the real work on their own

>>509493938
Nothing stopping you from getting a job and buying shares of Uber if you believe that it's a risk-free infinite free money glitch.

>>509493120
your arguments suck dicks, youre just a useless contrarian cherry picker. if you want to fuck with people you better do it in a topic that youre actually knowledgeable about. all what youre doing here is ignoring 80% of what is said and then try to shift the debate in a way that favors you. which completely fails because you have nothing important or meaningful to say.

>>509494828
>your arguments
My argument is that the reason you are not a home owner is that you have no skills, education, job, or savings, and not because of people born in the 1940s. Care you rebut any of that?

>>509476772 (OP)
>Buy now pay later
This shit is such a scam. Literally just loan shark tier thinking
>These people have no credit
>No assets
>Lots of debt
>A history of unable or unwilling to pay their debts
>Lets find a way to give them loans and then sell those loans as an asset to a bag holder
Crypto 2.0; loan shark edition

>>509493120
You're a disingenuous kike and I think you know that. Consider jumping off the nearest bridge.

>>509483876
I know multiple people that declared bankruptcy and they didn’t learn a damn thing. Within a few years they’re over borrowing again with car loans, credit cards m and mortgages. Makes you wonder who the real sucker is.

>>509477770
$1000 credit limit was literally the first offer I got for a first card when I had no credit history.

Klarna was literally backed by Biden era money creation to help people deal with inflation. The people behind it are all connected politically to the Democrat party.

Its not Organic and it cannot turn a profit for any length of time. It will implode on its own because it will literally approved niggers without jobs

ahjeez dude....$2???

>>509496436
>disingenuous
I just posted a link to a comfy house you could own RIGHT NOW for 51,000 leaf bucks. You claim you have 100,000 saved. Do you want to own a home? Do you actually have 100k saved up?
I would suggest that you are the one being dishonest here because your story doesn't hold up.

>>509497177
unironically kill yourself faggot

>>509478380
Are you an 18 year old brokie? My wife racked up 20,000 in debt before we met and we spent a year paying the Jews off before I whipped her into shape. She only made 55,000 a year

>>509478914
You will be poor the rest of your life. Stop trying to get credit, get a skill and a job

>>509497214
I'll accept your concession.

>>509476772 (OP)
they know niggers arent going to pay them back. theyre counting on it. its the only way they can ban niggers from the system so it will work when they expand to real loans for cars and homes.

>>509476772 (OP)
but then they will lose their klarna account

klarna is the mark of the beast

>>509497651
Great. Now accept your good goy prize: a self-inflicted bullet into your skull

>>509497816
>Do not redeem!
https://rumble.com/v6vnyg3-codex-pajeet-3.html
Have you seen the latest Codex Pajeet?