I Owe, Therefore I Am: Why Struggling Against the Banks is a Holy Obligation
…. Potter from It’s a Wonderful Life—look positively angelic in relation to today’s big boys at Citi and Chase and Bank of America. At least Mr. Potter wanted his loans to be repaid. But in the new lending environment where there’s no limit on interest, today’s bankers would actually rather that borrowers don’t pay. They can collect far more in interest, not to mention in penalties and fees, from delinquent loans than from loans that are repaid. Ge…
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