| Title | : | BBC Documentary - The Money Trap - How Banks Control the World Through Debt |
| Lasting | : | 39.31 |
| Date of publication | : | |
| Views | : | 972 rb |
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Get it cleared under 'irresponsible lending' Comment from : Susan Abler |
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Bitcoin fixes this Comment from : pinatacolada |
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Shame on all senior managers of RBS Hell has a special place for people like you Comment from : Johnny Leong |
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The interest is never created, the debt is unpayable Comment from : ScreenArts Media |
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And that's how the credit crunch happened 😢 Comment from : Nik Christides |
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“If you want to be rich, don’t allow yourself the luxury of excuses” - Robert Kiyosaki Comment from : Kiyosaki Says |
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How on each people cannot manually calculate how much the interest and monthly payment one need to pay by taking a loan? Not to mention Excel and various debt calculators exist Comment from : taxol2 |
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Credit cards should be part of an overall financial plan as long as the user has the discipline to use them correctly Unfortunately this couple did not have back up savings and she was not involved with the financial decisions of the household One glaring issue is she should have found a way to contribute financially and the two of them should have had an agreed upon budget The larger issue is the materialistic environment that has engulfed the Western 1st world Comment from : Happy Days |
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i cant feel bad for people who do this to themselves Comment from : Michaela McLean |
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Money IS debt Comment from : Bunne Rabb |
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I had the lightbulb moment about 5 years ago, and, - to my bank’s consternation, tore up my (1) credit cardbrMuch thanks to Dave RamseybrNever used one since No idea why I ever used one brWe all become simply slaves to the banksbrNow all they get from me is the middle finger! Comment from : Mediolanum Hibernicus |
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Banks that offer gifts to new credit card customers are like vampires giving away open-neck shirts Just for a lark I once went to a job interview with a financial-services company The interviewers assured me that within a year I would qualify for a special low-interest credit plan that was only available to their employees The interviewers were not pleased to hear that my mortgage had been retired years ago, that I disliked debt and always paid off my credit card charges every month Telling a company that offers you a job "thanks but no thanks!" is very satisfying; treating yourself to something nice is always more satisfying when you've saved up to pay for it Alas, my government doesn't see things my way, I get depressed every time I watch Question Period in the House of Commons Comment from : John Murray |
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When you are offered that first cigarette, you just say no When you are offered that first needle of heroin, you just say no When you are offered that car that you know that you can't afford, you just say no When you get a credit card in the mail, or any kind of offer, you just say no I cut mine up, sent them back to the issuing bank, and haven't had a credit card since 1991 Comment from : Jerry |
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I hate banks I go £10 overdrawn and they threaten me Company's go bust owing millions Debt written off But they chase me Fuck them Comment from : David Frampton |
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"If you can't afford it, don't buy it" If you don't have money saved up to purchase an item, you can't afford it Been debt free since 2017, cut off all my credit cards and have saved more money without credit cards than with credit cards when I had them Your spending behaviour changes when you have credit cards and debts You tend to spend more, more and more brbrYou can live a rich, fulfilled life without credit cards Comment from : Leon Roberts |
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Businesses are trying to sell their shity products by lying and at any cost Mhm, that’s something new and unheard off This documentary opened my eyes! Comment from : J S |
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When she said that RBS has a shiny new HQ, made £8 billion in profit and hasn't got any financial problems I thought to myself 'they will soon' Comment from : Ewan C |
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The British are sheep, they are proud on the London City, that steals their money Brexit increases bank-profits by reducing the regulation for the banks Comment from : Bert Nijhof |
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And now they will not let me transfer or withdraw 5k of my own money? Well fu*k you natwest this is why I've emptied my account and bought a nice safe 😂 Comment from : tatsnneeps |
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Men, stay single, women want providers not lovers Practice living as you are poor That way already have the skills in case you really end up poor Comment from : Ez-G |
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Not great Comment from : tommy k |
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This is pre 2008, no way would the BBC ever air this today Comment from : The End of Infinity |
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Borrowing is always a choice, this video is socialist lie that it is not a choice It may be sophisticated sales, but so are car sales This video is socialist lies Gambeling, addictions, all are human choice People get in and out of debt, some get rich borrowing to financie their business Lending is an esential part of freedom and capitalism Comment from : BH |
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b⬆️🆙🆙My man got my bank account and credit cardss fundedLamo081he’s the besttt/b Comment from : Lamo081 on Instagram👇👇 |
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When do people start taking responsibility for their own actions?brHow could Mark’s wife know less about their finances than his bank manager? Was she never curious about their bills and how they were being paid with only one of them working, while she took time off to raise her children? Two people in a relationship, only one of them working and yet she was clueless about the man she was living with and how he was managing to keep a roof over their heads It’s mind boggling how detached so many spouse’s are from the financial doings in their own household brThe poor man had the buy now, pay later, spending money you haven’t earned, platinum card owing mentality of so many people today brAnyone who thinks banks are there for anything other than profit, is mad br“Never hang you hat where your hand can’t reach” is something I grew up hearing from my parents and I never forgot it Comment from : Sol Pat |
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bI’ve been in debts till I found this life saver,{Lamo081 ⬆️} he got my account funded in some hours/b Comment from : 👉LAMO081 ON INSTAGRAM👈 |
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bMy account got funded with enough $$ with the help of Lamo081 🆙⬆️,he’s the best/b Comment from : Lamo081 on instagram👇👇 |
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bI came across Lamo081⬆️🆙 today,the dude got my account funded in few hours,he’s the best I could recommend/b Comment from : Lamo081 on Instagram👇👇 |
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WHETHER YOU ARE A FACIST OR COMMUNIST, BANKS WOULD HAVE SAME MODUS OPERANDI WORK OUT AGAINST YOUBANKS WILL HAVE MAKING HAY SO FAR SHAREMARKETS AND FAILED GOVERNMENT POLICIES KEEPS PEOPLE BANKRUPTS ON AND ONPEOPLE NEEDS TO GUILLOTIN THESE MOTHERFUCKERS IN A REVOLUTION THAT IS DUE Comment from : sidhu prakash |
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22 credit cards? Disgusting! Comment from : Fiona GREGORY |
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The poor wives in this Comment from : Fiona GREGORY |
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Some people just can't do simple maths Comment from : Fiona GREGORY |
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I only earnt £9,500 a year back in 1998 Comment from : Fiona GREGORY |
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Now his wife has to deal with all that shit Comment from : Fiona GREGORY |
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I do not make my bank any money Comment from : Fiona GREGORY |
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Why would you struggle on £26,000 per yr? Comment from : Fiona GREGORY |
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Always have a contingency fund Comment from : Fiona GREGORY |
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For goodness sake Easy to not get in debt My bank has never bothered me and do not have credit cards either Comment from : Fiona GREGORY |
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ignorance is no excuse and suicide is no justification there are a lot of ppl who live within and below their means unfortunately i feel no pity for the ones who do the opposite itll just be an expensive lesson for them to learn hopefully they learn it Comment from : Mr Sterling |
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if only some people took the time to educate themselves financially, theyd never fall prey to these financial predators my student loans were the Only debt i ever had that gained interest and as soon as i realized how crazy it was after a few years i buckled down and gave up a lot of things and scarified some gray hairs and comfort and paid off all $70k in one year now im debt free except for my mortgage i rip up every letter i get in the mail from banks offering me special rates and loans im good mr bank man this is one individual y'all aint going catch with yall trap Comment from : Mr Sterling |
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The Rothschilds fund the Round Table GroupbrGermany constituted the main obstacle to the realization of the plans made by the British Round Table for a world wide government ruled from London and New York Lord Lionel Rothschild was an all-powerful member of the Round Table, who financed both Cecil Rhodes and the leader of British Freemasonry, Alfred Milner In this way, they were able to build their mining empire (DeBeers Consolidated Mining) in South Africa Rothschild was pleased with Milner and therefore appointed him chairman of the board of the Rio Tinto Zinc brThe special archives in Moscow contain documents, which show that B’nai B’rith (Sons of the Covenant) as superior to all other branches of freemasonry, that it, in fact, constitutes a kind of freemasonry within freemasonry The 1,090 lodges of B’nai B’rith have no names, only numbers The President of B’nai B’rith International is Richard D Heideman (Page 344) An agreement was signed on 12 September 1874 in Charleston between B’nai B’rith and the Supreme Council of Scottish Rite, concerning their extensive co-operation and the formation of a general confederacy of Israeli lodges Signatories of this document were Armand Levi and Albert Pike, alias Limud Enhoff, his Masonic name, grand master of the Palladium (Page 345)brBook:brArchitects Of Deception by Yuri Lina Comment from : Bret Barnett |
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be ready for the next escenario : you´ll own nothing and you´ll be happy Comment from : Randall |
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Signing secrecy contracts should be illegal where immoral and detrimental acts are involved, and maybe, only maybe should apply to recipes or formulas etc that approve their merit Comment from : Ray Ray |
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"Give a man a gun and he can rob a bank Give a man a bank, and he can rob the world" Comment from : Seven Ellen |
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Dave Ramsey books and Donald trump's books helped me get out of massive debts here in the US It takes timebut you can do it Keith Comment from : Keith Casey |
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While this is indeed a very tragic story, there has to be a point where people need to take personal responsibility for their actions No one puts a gun to your head and forces you to charge anything There is always a way out, suicide is not the answer Seek help, pray and ask God to help you Comment from : liveyourbestlife 1 |
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its the banks fault that i borrowed to much Comment from : Tom Cahill |
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All the responsibilities are with the bank and the borrowers are just inncocent people with a head that only nods yes to everything Comment from : u4ttube |
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I told my grandchildren in their youth that their worst enemy throughout their life is any banker When they sign their name on anything, they are giving their life to the other contract party So far at 31yrs and 26years, they remain free of debt Hope they never forget Comment from : Scooter holiday |
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I don't know how people do it I just can't deal with owing money to someone The day I owe the shop next door a dollar because I did not have the change, I get restless till I settle it often the same day Comment from : Sandeep Shetty |
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Loans are as addictive as drugs They literally have the same impact on the mindset Just deal with today mindset Comment from : Sandeep Shetty |
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CASH means the government can't "turn you off" like they just did with the protestors in CanadabrCASH is PRIVACY and FREEDOM That is why governments want to do away with it, they will tell you it is for a whole bunch of reasons to make your life better, but that is the real underlying reason, CONTROL Comment from : valkry007 |
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It’s all designed to rip off and trap people Banks are an evil necessity Once you see what these slime balls are doing it’s easy to see how people are entrapped Boom & bust but its not often you see a bank go bust… Comment from : Solent74 |
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10 years later, is the situation any better now? Comment from : Sounds Light |
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The banks are beyond repair the customer has to be more careful and well read about the dangers of over leveraging and avoid it Comment from : Arnab Bhattacharya |
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Biggest thieves in the world Comment from : Andrew Lambert |
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Interesting when business and thus bankers spend money they don't have and lose it, that is just part of the business cycle and they just write it off When the people supplying the capitol ( you and I ) go broke we take it more personally But the deck is stack by the former not the latter THAT I take personally!! Comment from : Steven Bryant |
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She was Financial disconnected from her husband and it's very convenient to do, but if she knew how much her husband made per month and by intuition she know he couldn't afford it She should have been more involved in her husband's financial decisions and try to stop him Unfortunately is easier to play victim Comment from : H Hunter |
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This is why interest is Haram in Islam Comment from : adam |
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Have had 2 C cards for years but never pay interest on either of them Comment from : Denis McLean |
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Casinos and banks lure the gullible They are like prostitutes inviting you to spend The attention they are given is the ego boost brFools Clowns Comment from : Malhama Ul Kubra |
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26K a year is a good income more than UK average Comment from : Malhama Ul Kubra |
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Why are we blaming the bank for Lending money? We should blame the idiot borrower doesn't know their limit or wants to live much better than he can afford tobrWe have to stop the madness Personal responsibility and accountability has to be placed on the individualbrIf the bank did not give him money, we would have a documentary about how the evil bank will not let a person borrow themselves into prosperity Comment from : sfc velasco |
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It's so easy to get into trouble with money I was so lucky to become debt free Please don't feel stupid Get help as soon as you can Comment from : paul cherry trains |
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Depressing Comment from : Teina Kore |
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If you're not making money from banks, you're doing it wrong Comment from : muffemod |
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I wonder what is said at the "health check" meeting How does the conversation go from , "Hi how are you", to, "Here is an application for your credit card"? Comment from : humphrey |
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the only one who cares "how" you pay for things, is you, the cashier couldnt care less about the color of your card, do not be deceived ! Comment from : El Luminous |
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Watching this in 2021 Somethings never change, Barclays is offering me a £35,500 loan I have declined their offer Comment from : Alexander Austin |
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think outside the boxbr----brinside the box endless crap no matter what Comment from : Casius CBU |
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Took some money out my account and the lady hands me her card and says we offer loans at a low interest rate Of course I ignored her because I never asked for one, but banks will do anything to get more and more outta you Comment from : Seekingmore |
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Banks I have never heard of with outrageous interest rate like I am supposed to take them I throw them in the garbage can where It belongs Comment from : Herman Rogers |
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They are being scammed by the bank they are sending me credit card offers and I throw them in the garbage can where they belong Comment from : Herman Rogers |
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I will never accept anything or buy anything unless I know what the interest rate is and if it is low enough for me and the money I have Comment from : Herman Rogers |
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That interest rate stinks how can they do such a thing too their own people Comment from : Herman Rogers |
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The bank where you save money will screw you everytime Comment from : Herman Rogers |
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I can't symphatize with these lenders at all They were taking money, which they will have to repay with inrest and they never considered how they will repay all that Frankly, irreposible people are not much better than bank robbers Comment from : MJ |
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How does someone making 20K pounds a year think its a good idea to have a few kids and buy a house, car etc?? Comment from : Alpcr Dh |
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How and when did credit cards come about anyway ? And more importantly, who started it ? I did fall for it , but finally severed my dependence almost 20bryears ago What a relief ! Life is simpler , no money STRESS Trying to convince family to do the same br Here in the USA, no matter the administration, the fiscal policy is deficit brspending so the people also have the same mentality It is hopeless Comment from : Iris B |
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isn't the ability to moderate your consumption a basic part of being an adult in a free country? I have a hard time developing sympathy for adults who get into consumer debt trouble Comment from : Otto Matieque |
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Wait a sec, how many hours did this dude work a year? Was it 2400? Couldn't be That would be poverty wages I suspect it was more like 1600 hours a year Comment from : Steven Bryant |
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So people act stupidly and banks are at fault? Of course banks put profits before people It's their job Comment from : Stavros K |
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Seymour Fortescue is like putting the fox in charge of the chicken coup He was chief executive of Barclays bank Comment from : insert name here |
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As a person with a couple credit cards, zero debt I don’t fully agree with the people in this documentary I do feel empathetic towards the suicides but we are adults It is our sole responsibility to make sure it doesn’t happen It can be tempting to run up debt but you have to always consider future consequences before making those decisions Comment from : A B |
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I take that this was before the 2008 financial crash Comment from : Asim B |
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This is just a rehash of Satan's " apple " Only now its called " credit card "!! Comment from : Annunaki macky |
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Yeah, maybe don't live above your means? Comment from : Youre should of learnt grammer ! |
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