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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23463163 No.23463163 [Reply] [Original]

Are big banks lending out loans to the people that they KNEW never gonna pay them back? AGAIN?
Is is 2008 tricks all over?
Somebody gonna step in this time, right?

guys, I...

>> No.23463170

>>23463163

Who is getting loans?

>> No.23463180
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23463180

>>23463163
no, not the pink id

>> No.23463207

https://www.cnbc.com/2020/10/08/jpmorgan-chase-makes-30-billion-commitment-to-help-close-americas-racial-wealth-gap.html

Banks are likely proudly promoting POC acceptance to gain liberal points while also knowing a lot of people won’t be able to pay these back lmfao

>> No.23463295
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23463295

>>23463207
fuck, it's true
is there a breaks to this shit

>> No.23463433

>>23463170
ppp loans dont have to be paid back

>> No.23463785
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23463785

>>23463433
talking about mortgages and 'philsntropy' loans

>> No.23464060

>>23463163
They're preparing for the great reset anon.
Get everyone in debt and then offer to forgive it if you do certain things in return like get vaccinated, chipped, give up ever owning property.
It's just a global loan shark business, the free money is nice until they come back for your soul

>> No.23464065

>>23463295
>build a bubble of people and assets that make you comfy, sane and unaffected by the clown world
>grab some popcorn and enjoy the show from the distance

>> No.23464073

>>23463163
The government has backstopped packaged debt ie is buying CMBS and will most likely backstop this credit market as well