Author: abramicus

SHOWCASE OF DEMOCRACY IN ASIA - PHILIPPINES?   [Copy link] 中文

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Post time 2016-5-12 20:00:14 |Display all floors
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Post time 2016-5-13 07:06:43 |Display all floors
seneca Post time: 2016-5-12 20:00
Where do CHINESE PEOPLE get bank loans to start a business, buy a home or a car???

The State is h ...

From the money people deposit in banks.

The difference is that in China, people are owners of the banks, therefore wealth generated from their deposit s must work for them; in West, the wealth generated from their deposit goes to the pockets of top 1%.

I was asking how the interest is used, not principle.

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Post time 2016-5-13 07:08:57 |Display all floors
coralbay Post time: 2016-5-12 23:42
And if they on eject to how their money is used ... What happens to them?
... Object

Oct, 2013, US government closed for a while due to disagreement on budget, I guess you know it.

End of 2014, US congress passed a bill of one trillion dollars. Do you know? Will you find out how the money is used?

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Post time 2016-5-13 07:09:34 |Display all floors
coralbay Post time: 2016-5-12 23:42
And if they on eject to how their money is used ... What happens to them?
... Object

End of 2014, US passed a budget of one trillion dollars, do you know?

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Post time 2016-5-13 07:10:22 |Display all floors
coralbay Post time: 2016-5-12 23:42
And if they on eject to how their money is used ... What happens to them?
... Object

End of 2014, US c0ngre33 p@$$ed a budget of one trillion dollars, do you know the bill?

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