#Finance creates #Poverty #Debt is just soft #slavery #Quote

" ... #loans, which were initially seen as a positive inflow of liquidity, quickly led to further financial obligations for many families. After all, #interest had to be paid on these loans.

Illegal lenders stepped in. The pressure on families became unbearable, leading to the sale of #land, #migration, the break-up of families and ultimately even #suicide."

🔗 https://pol1.iv.ggtyler.dev/watch?v=G-VOjZA_Rz0

Video: How #microcredit is making the world's poor even poorer

💬 MY COMMENT
I think this is the same for all States that install or maintain the bank system which eventually simply delays all the #debt and reach limits of planet and people stressing and extracting each other for profit arguably getting not much further than if they did less and made less profit for a their state that spends /wastes it and more likely uses it for war and oppression economic 🏦 💰 or otherwise ✈️ 💣