microcredit

The original Den of Iniquity
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swampash
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1 year ago

Just in case anyone is interested in the microcredit myth, Milton Bateman has just published a great new book 'Seduced and Betrayed: exposing the contemporary microcredit phenomenon'.
The difference between stupidity and genius is that genius has its limits...
pint vulger
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1 year ago

We call em loan sharks here in Manchester or 'tick' as me Mam use to call it.
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swampash
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1 year ago

Having things 'on tick' was a pretty legitimate post-war strategy, but 'loan sharking' is much more on the money (no pun intended) when it comes to describing microcredit.
The difference between stupidity and genius is that genius has its limits...
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redzebs
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1 year ago

You just lend someone £200 for 3 weeks until pay day and charge them £233.47 and they go fuck it it's £30 just and it's when I get paid, fuck it, that's how they portray it
Well I suppose that's the knighthood fucked.
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