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Old 2013-05-08, 15:38   Link #979
SaintessHeart
NYAAAAHAAANNNNN~
 
 
Join Date: Nov 2007
Age: 29
Quote:
Originally Posted by Kyuu View Post
Here's another issue that's not getting a limelight:

Spoiler:


http://www.latimes.com/business/mone...,3954620.story

Of course, the root of the corruption is the interest rate from the Federal Reserve to the banks -- which is about virtually nothing. Banks get free money (and party time) -- while everyone else... gets... the bill.
From the bankers' side, in the current job market it is harder for students to be able to pay back, hence the risk is calculated in the interest rate.

Yes that is the logic - a Wall Street has a better chance of earning money than a student. Therefore a student holds more risk due to lack of job opportunities.

I only agree with this when the student studies art or philosophy. Even culinary and fashion studies has a higher chance of landing the students in a job as ad-hoc fresh-catering chefs and freelance image consultants, and like most developed countries, there is a huge fucking shortage AND appreciation for Engineers.

I still cannot understand why someone who moves money in and out of the bank can get paid more than someone who designs, builds and maintain machines to reduce physical workload and get things done faster with less risk of human casualties.
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When three puppygirls named after pastries are on top of each other, it is called Eclair a'la menthe et Biscotti aux fraises avec beaucoup de Ricotta sur le dessus.
Most of all, you have to be disciplined and you have to save, even if you hate our current financial system. Because if you don't save, then you're guaranteed to end up with nothing.
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