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jim jim is offline
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Default A billionaire explains the middle class

F. George McDuffee wrote:
On Sat, 03 Jan 2015 12:49:57 -0800, mike
wrote:

snip
Anything that rakes in money without also producing something
or transporting something or facilitating something is not
an investment.

/snip

An example of this in action at the most basic level.
http://tinyurl.com/q5zvjhz


Those title loans are funded by Asset
Backed Securities. And next you
will be telling us how those investors
that are funding that activity are
innocent little babes that are getting
ripped off.