this post was submitted on 22 Jun 2025
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[–] [email protected] 11 points 1 week ago* (last edited 1 week ago)

the banks are going to have to get involved soon...figure out a way to load up working-age people with long-term debt

Why the hell do the banks need to step in? System for an indentured workforce is already in full effect:

  • no safety net, unemployment difficult to get and punishing poverty if it's all you have
  • require a car (e.g. initial capital and ongoing cost) to participate in many jobs
  • have oligopolies rent out housing that is so expensive even those with full-time work can't save any money
  • have oligopolies own groceries, they maximize profits (consumer cost)
  • have oligopolies own medical facilities, they maximize profits (consumer cost)
  • stuff people full of consumer desires and give them easy access to credit