@theybert You mean the guy who did his research and had a whole video posted and explaining the history about said card before this event* Don’t care for the guy but it’s really easy to do the slightest bit of research and not go off twitter for my news
@PLAYB0YGON@Corrack@DudeWhoInvests They use them as collateral… they’re wealthy enough their DTI allows them to continue loans to pay off older loans without having the threat of the stocks being collected. But in the end they are still used as collateral.
@PLAYB0YGON@Corrack@DudeWhoInvests You using a specific example of what the money is being used to purchase is irrelevant. Even then I can still say you could use the loan to buy land or still a paid off house. The only thing that’s at risk is the original house, just like the original stock.
@PLAYB0YGON@Corrack@DudeWhoInvests The equity on your house is unrealized gains. You are able to take loans out and use your house as collateral. The thing you have equity in. Now replace house with stock. It’s the same format. Both using unrealized gains as collateral for a loan
@PLAYB0YGON@Corrack@DudeWhoInvests I want to buy another house so I take out a Home Equity loan that used my house as collateral. How is that not comparable? I’m able to take out this loan due to the value of my house and the equity I have within
@Corrack@PLAYB0YGON@DudeWhoInvests It’s a known thing that banks use your money for loans so they can get paid interest. Your money is also insured by the FDIC. If you don’t like that fact that the bank is using your money for loans (not just billionaire loans) then you should put your money in the stock market
@PLAYB0YGON@DudeWhoInvests Using this logic you’d also the want people that pay a monthly mortgage to then pay more in taxes after each payment due to them having more equity in it. Non liquid asset that can be used as buying power. Or let’s say anything. Collectibles would work in this scenario too.
@felidel222602@MaDKAPed@always_better_b@Glinner If your gender isn’t determined by your sex, what’s the purpose of getting surgery to be like the other sex if that doesn’t have any correlation to being your gender?
@NotDel21@danjapan7@overrheatedd I’ll break it down so you can understand what I’m asking. Let’s say you own a car. Someone steals your car and then goes and sells it to someone. Whose car is it? The person that got it stolen, or the person who bought it from the person that stole it?
@NotDel21@danjapan7@overrheatedd Show me where I said she has to let people into her home. You keep saying that but I’ve not once mentioned that. All I’m saying is, how can you buy something that you believe is stolen, and claim it to be yours. Stop dodging
@NotDel21@danjapan7@overrheatedd All of it was purchased. There was sneaky stuff going on but it was all purchased. And there is a correlation. I also never said people can just enter her home. I said that if that’s what she believes, how can you buy something that it stolen and claim it to be yours.
@trascoco2222@Vehk102@overrheatedd If that were true you’d think white people becoming legal immigrants would have a higher percentage of the total immigrant population. And no matter how you’d phrase it, the white still contradicts itself. And with the contradiction it means the land was never stolen