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🌻 Farah :neuro: :v_bi:

Todays hot take: I’m no economist but private equity firms should be illegal

Feb 25, 2025, 01:19 PM·Public·Mona for iPhone
8boosts·26favorites
Public
Jordi (Flopsome Opossum)

@farah

Interest should be illegal. I don't care if it's how you're supposed to make a profit: it's predatory.

Public
🌻 Farah :neuro: :v_bi:

@Jorsh Fun fact - interest is actually illegal in Sharia Law. But of course no one talks about it

Public
Gulf of Gregly

@farah @Jorsh And my understanding is that Orthodox Jewish law decrees a periodic Jubilee in which all debts are erased. But of course no one talks about that, either.

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🇨🇦 OhOkKay

@Jorsh @farah
There should never be interest on student loans.

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Coffee

@Jorsh

Given they like to get their morals from that ancient fairy tale book: interest is actually illegal according to the Bible.

But then, trying to point out their bigotry is fruitless.

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morfil (any)

@farah any form of shareholdership where the shareholders, as co-owners of a company, do have the possibility to pressure that company into doing immoral or even illegal things, do reap the rewards , but are not legally accountable for those things being done , should be illegal. You vote and benefit? You pay when there is something to pay , be it money or legal dues.

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