Finance And Refinance .com

Credit cards are the banks response to monetize people stupidity.

So, we see that for the past 40 years, credit cards were using by virtually everyone. The public and private debt skyrocketed, everybody is consuming more than they earn and everybody is mortgaging their own future. So, what will be the future of credit cards?

1. RFID chip - there are already some cool, fashionable locations where you can pay via a RFID chip implanted under your skin. It’s the same thing with the credit card, but only more cool

2. virtual payment will be more used then cash in all world, not only in developed states. Did you know that only 10% of the money exists physical? The rest 90% exist only scriptical?

3. nations credit cards - now, that every individual person has enslaves themselves from financial point of view, there will be the nations turn, to use the nation credit cards. Imagine how easy will be to furter enslave nations, by provinding them no limit spending limit on national credit cards. Imagine how easy it will be to spend more and more, just like a normal stupid individual, who spends much more then it earns

Future of credit cards looks very promising. As humans are always looking the easy way out, credit cards seems to offer this easines. If you look in the future, you will see that debt will continue to increase, until everything it will break. This way of live is not sustainble. We cannot keep use debt to feel good. So, on short term, the future of credit cards looks ok, on long term I think it will be recalculated.

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During antiquity and middle ages, slavery was common. The strong guy went to the weak guy, slaped his head and suddenly, the weak one, if he wanted to live, become a slave.

Financial Slavery is a modern form of slavery. You don’t need to send the army to fight with the future slave. You don’t have to FORCE people to become slaves. You can only lure them. It’s so easy. We, humans, are so easy to be tempted.

Give us some colored glass and some little bells and we give away our most precious stuff to have them. Our life (or parts of it). HAVE is the most important verb for us, instead of BE. I have a car, I have money, i have a sexy woman, i HAVE. It should be like this: I am proud, I am free, I am happy, I am relaxed, I am smart, I am….

Anyway, financial slavery is the newest and most powerful form of slavery. You make a loan. 2-3-4-5-6 loans. you keep paying loans at a double-triple price. You consolidate, refinance. You prologue suffering.

Financial slavery is very weird. Is based on our stupidity. We want to be slaves. Because we want to sell our future, to buy some happiness. How sad is the fact that most Americans think as fun as shopping? This is sad. People are stupid. Because if everybody would be smart, who would work for us? We need shit-take-care-guys, we need stamp-lickers, etc

Whenever we use a credit card, we are a step further financial slavery. Because there is no such thing as a free lunch. Everything’s got to be paid eventually. So, when you buy colored glass, you WILL spend a large part of your life serving for your masters. :)

Think. Live. Don’t be a slave. Avoid financial slavery

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American CreditCard. We, in USA, are the center of the creditcard industry. An industry that told our minds that we DESERVE to spend without a limit, we DESERVE to buy thinks even we don’t have the money.

American CreditCard business is a multi trillion dollar one. And a very lucrative one. It allows people, who usually are stupid, to enslave themselves, spending without a limit. The system is corrupt and the creditcard habit must be reduce.

The capitalism is based on consumption. If we reduce consumption, like this crisis is doing this to us, we suddenly see that we can live very well with only a fraction of what we had before. We don’t need all these stupid stuff, that we were keep buying.

Don’t you think is something wrong when you go shopping just for fun? Or for relaxation? Common. This is a behaviour of a sick society, that put malls and american creditcard in the center of the human universe.

If you search on Google “American Creditcard” you will see zillions of results. Every bank, every financial society have their own american creditcards. Just take a creditcard from us, use it, and we will own a piece (smaller or larger) from your future.

Evil, isnt’t it? And based on our stupidity.

American

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I believe that living on credit is not sustainable. Because is false. We are living in a pervert world, where we were tough that creditcard is the answer to all our problems. Using a creditcard could buy us time, happiness, is easy to use, is a social pressure to do it.

But living on credit shows a blossom picture with dark roots.

In the first place, we say that we want credit because it allows us to benefit from a thing now, instead when we are old and we cannot enjoy it (then it will too late). So we go for credit, in the hope to enjoy the effects not, rather then later. This is ok… it seems. But, we are getting bored. And we see that what we bought and mortgage our future is not satisfying us any more. We want another thing, more fashionable, more new, so we mortgage our future even more. And we become slaves. Slaves on plantation.

We will be obliged to spend the rest of our lives pay the credit back, and for what?

Actually, there are 2 types of credits. Those that will make you money (if you invest with higher earnings that the interest that you are paying to the bank), and those who drain you out of the money (when you are buying expenses, that you cannot sell them anymore. In this respect we are buying electronics (with almost zero reselling value), trips, cars, etc. These are pure expensive.

On the long therm, getting a credit will make you pay more then double… Getting a credit will make you a slave.  And everything you do must get paid. You know, there is no such thing as a free lunch :)

This crisis is about sustainability. And greed. We came here because of credit. … I will further discuss these topics again :)

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