I've never seen this video before. But it's really good and explains the concept simply! In my opinion, credit is ONLY good / useful / permissible if you use it for some (mainly corporate) development. I don't think real estate loans are repayable to the customer (of course, the bank is), and personal loans are absolute nonsense / a waste of money...they're just tricks for banks to exploit people.
I've never seen this video before. But it's really good and explains the concept simply!
In my opinion, credit is ONLY good / useful / permissible if you use it for some (mainly corporate) development. I don't think real estate loans are repayable to the customer (of course, the bank is), and personal loans are absolute nonsense / a waste of money...they're just tricks for banks to exploit people.