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tv   300 Trillion - The Debt Trap  Deutsche Welle  December 10, 2023 6:02am-7:01am CET

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of the you'll see about the video that goes in the media may google, google. i've got that done, but again, i will stop into that and i'll give you the audio video game. but sure to let up joel media, doctor coverage, the more people than ever on the move world wide in search of, of based on life to jump be able to use a minute. they can t method the godaddy audio, p megs of appears in the original. does our peers administer useful? or them was moved, he gets expose, go to lunch when you find out about all the story info, migraines, reliable new. so like when, wherever they may be, the issue, how many platforms can you handle single attain usually without having the feeling that it's just too much you might see me. how much can we do simultaneously?
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multitasking diesel, modern. because if we do too much, we get it all wrong. we mess things up, risking brain damage. so let's stop this self sabotage, humans and multitasking watch. now on youtube, v. w documentary the the, the working day begins for one of the men who in spain, as legendary as they are infamous. in his devices, ben coral, tito,
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call the inventor device, a security certificate whereas or the product. this is the interview. yes. when it's in, does you, the debt collector entails have been around for 32 years. the company is heyday was during the 2008 financial crisis when thousands of spaniards went bankrupt. space and you'll see it being made up. are they getting there is escape or if they will go by, you see the sort of how or there might be, you know, with us out and going out of it for that. the simple she's unit and a board that is who knows you will afford to, that's where they get to the intended the
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game. so you need the model is the model. so the model so much, no legacy, every novel you cannot get any data. you know what about how to be able to come or can avoid about how to ease. i'm going to do that mean isn't that it must be my inputting on in a certain model. so i'm, i assume that when 2nd would have been set in to get, put it in. and what i mean, the see, you know, the news and i have to look at the, in the worst cases that are, are confronted on the street. totally the remote today the whole world is in the same position is the spaniard who can pay private individuals, companies and whole countries has been struggling with suddenly rising depths for over 50 years. the problem has been severely aggravated by the corona pandemic, and the one ukraine. does this mean the world is about to collapse under
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a huge mountain of tests? the world's total depths currently exceeds $300.00 trillion dollars. that's a colossal bundle with 400. to pay off the steps, everyone in the world would have to work for $3.00 and a half years the to find out what's going on in the world. we decide to explore the stories behind global debts. we want to find out what's happening away from the headlines. we visit people in depth and about the dramatic impact it has on their lives. and we go to a country in some fost levels of national desk. we want to find out how the lives
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of ordinary people are affected. is the situation hopeless on there anyways, out of that, that trump, the officers of financial crisis of 2008, many states fell into that back then after a phase of unbridled blending in the usa, a prophecy bubble burst. major banks went fast and the stock market collapse. the us government had to take on staggering. that's to save the economy. the debt crisis in the usa triggered the global chain reaction that still resonates
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to trace the long term impact of the 2008 crisis. we travel to a country where money seems to be no objects, a c, m, or us. by the there we need some shop move and the state wants to show us something exclusive, the a map of the world consisting of boxes, official islands, in 2003. the state's own corporation began constructing the world islands and sending them to investors. they wanted to build retreats for the super rich palaces like this one. the
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welcome to sweden beach fountas. welcome to the homes of white only the kings are allowed to stay over here. the palace provides in the stallnicher and refuge from the outdoor temperature is topping 45 degrees celsius and even people are they have a tradition to fix on or to open up the body force. ok, so we have someone over here, we can make it as a try or stimulate the image. it went. so that is going to have to take an ice spot . so we have snow. that's how you enjoy the . so the idea of was this how to bring the hollywood into buy. so that space, you can see portuguese over there,
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and that's from the we're trying to find a list. put me find it difficult to make out the outlines the or if you can come to the the shark on tour. it says you're out of the way. since 2008, the project called the world has lain dormant the nevertheless, one man still wants to keep building on the artificial islands and create them in new york. he was of klein means an austrian business man. has wound up here and the persian gulf positives ground vision can already be admired. we'll come to see how the future pro check. i want to point out for you is the location via the out. i'd know be a hearing that all of us to be the beach by last number one, overlooking the tree, how many islands you have to, to be less on the beach and board. and you can see the strands quite a bit of
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a d. v thing for the, for to at least a just see here. our mean i'm in europe hosting. oh, what a full bends, monica. the whole thing is off for us to open to open and did say bought the whole thing. 247 bought the business. typical has to buy the app and tell them of abundance this woodson and then these palm trees welcoming anyone who wants to take the wealth to the amorous post modern towers swore up into the sky. they include the tallest building in the world . the boards can be for skyscraper, was originally going to be called porch to buy. but the prestigious building had to be renamed off to the rule of abu dhabi. she can be so powerful neighbor,
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a help to buy out with an emergency loan in 2000 and 8 pm or at with relatively little oil, was on the verge of bankruptcy. finished buildings bear witness to the credit leverage madness. a few years ago, instead of lavish real estate, it would have been better to invest in more sensible things. says comment that experts to soft savish i know for them in type of 5 is the issue in quality buying is that it's invested soon as an investor to do them in for the pre act of the status. what else you want to put a piece? i think is that's done, that's how much they do, but then it will be implemented darting plus these quick to on think it's feet and exits to him. i mean, if he's on the input of keep an eye that centrally and on the getting done almost
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all as you increase on have when the inevitable crash hit to vice real estate market, many international investors pulled out they included some who invested in the painstaking the crate as well. now some went bankrupt by this with last was piles of soft, whose value plummets are one even committed suicide during that that crisis at the european speed did not 50 for us to stay or maybe the it on all the money order funding. and it was not easy in 2008, and then you realize there are chances and for the others that on to be you have a chance to dig over part of their business. for example,
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even though the world keeps stalling, life is creeping into us. recently, another investor began building on the island that represents auction t, not the despite its cost. is it better to buys? image hasn't been tarnished. the i'm a read was lucky to get help. so quickly, the, at the southern end of the world lies on disputes of bankruptcy, champion of our planets. argentina has been bankruptcy on times. sometimes international finance stepped in. sometimes no aid was received.
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we can see here what happens when the state has too much debt to meet its obligations to the poor, as people to something called v. a 31 spread spending the most only regions in central the thousands of argentines rely on charities a century ago. argentina was one of the 5 richest countries in the world. it has mineral resources, and a well educated population. how could such a country fall so low? the condo bakovich is the economist fund radio drive this. he's been studying why argentina, qantas gate that that truck out of india isn't by
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recall them with a c, y e. last a leads the classic pulsate order, so that i can see not which is the computer thing more extra feed us on this property of complexity of this. i am convert them into see do mind equal, assuming the c low and the 30 come in the back on 4 months in the base this i lead to run the se in the nato advice, but the then the law that i've never heard about it k as in bye, could that mean i've seen this, it kind of, they left there with this. this relates, this kind of demonica, a e associated the sun, the bed of the company at the set hands you had at the moment of when the result is ever higher. deficits and being so badly in depth auction seen or con, always borrow money abroad, but it still has to pay pensions and unemployment benefits. so it uses
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a trick argentina simply prints large amounts of its own currency, the pay as best we can see here. there's a money supply that can be used to buy in order to meet the costs of this phase. more and more monitors, printers put, the quantity of goods remains the same. people combine more with the new money retailers, response to higher demands by raising their prices. inflation takes hold so many arjun times can't afford it every day items so people meet up tabatha meetings are arranged on
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facebook and what's up and then the group needs here funding instead of money, they use points to determine the value of each item. close, for example, can then be swap for personal hygiene items and food box or in the process to find an option to, you know, there's no end and side to the price as the inflation is no. a serious problem in the northern hemisphere to, in wealthy germany, more and more people are suffering from price rises for energy and from the share
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of income that low earn and spend on living costs is disproportionately high. that's why the poor as people fall into debt, especially often the dues focus specifically with many over intended people in germany. 16 percent of its inhabitants on the dead register compared to not even half that many in munich, fonts and the local jack of all trades, those 1st time just how sad it is to be hopelessly. and that's the name of the enough. therefore, we wish bus to see michael snipes, little to another, to move. it was easy because if i am on the right side just by an eye in the industry and it was exceed those gift i've worked with you to one to they need to
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ask you to come. you have a few different leaving, con, double flesh on it. and then obviously on these go up though, and it shouldn't be sto months, not really. so i suppose to and which i was interested in humor of enough to me. i like to go as well for decades, spend less on gas canisters, but the business. how does pitfalls you've been with us for although, i mean, i mentioned the fact is fine. baptism from others, especially in the ones where the guy, well, these are going to go, which is most of the war on sort of cool button on the easel. that is one thing done on kind of showing that there will now appear game. but when both while a sense of a photo fate tokens, of course, after a tax on it, he owed a large amount of back tax drama to come in from john to them, which finish up. no,
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i think some folks dumpster from that you've chosen. then pushed in and so minutes ducks have got to have those. i was in the show. all that and do me own binds when . if i'm good with taste and open up available, i've committed this, i'll go up and was the senior see all the gods. so feel like it citizens to spark is also struggling with it. that trap. starting with a crisis in the steel industry. in the mid 19 eighties, things went downhill. and the once after and city and now as an army of unemployed, the in germany has been systematically saving for decades that that level is low. but the result is potholes. bridges in need of repair and run down railways.
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the withdrew, sparse, drastic cuts. now behind a consolidation packed has been introduced to make the, since he more attractive for investors in the off of it steps has been paid off. parts of your thanks to the developments of, to as far as the logistics on the, the ports f to sparks is the biggest in non port in the world. it lies at the end of the northern silk roads. a branch of a huge trade network being sent off by china to connect with the rest of the world, the into spark money is being pumped into the deadline and budget by cooperation with china
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. with chinese collaboration isn't always this beneficial for us partners who vis map shows on our country step built infrastructure for the sore throat, but taking out huge loans from chinese banks. the china expect homeless eva is aware that china's loans can also have a positive effect. this is called for highest and most trusted in flash coke to and then the nissan is kind of neat. adelphia hopkins, not to leave the fastenings that i'm despised, is due to clipping, don't of these, but the bucks, not cheap. what did some hoffman of adobe and have just and what kind of i can and
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half in order for them. bozza not my whole be what is the lowest about vision of inside developed for the economy, for linda. this impose it to you for the month of which i guess in the month of, of the cost place. this is how economic growth is great because in africa. however, china graphs loans without assessing whether the recipients can manage the money properly, but finds this problem outtake. this is a process money to do so site and slash and put it takes, you know, so could easy. and con, name is task for you to feed on. see it then the prestige of project, the phone plus the 10 of the console and doesn't close or starting or the part the plat. so this on. so to us the of the non c a t up missing on let's and these, these are sharp and follow for stacking the
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in the us where people think big. that's on ranking all records. during the coven time, demick states obligations skyrocketed. the dead cloud currency leads to $33.00 trillion dollars the this amount is still rising and has serious consequences for society. it says bank co, richard vague growth and debt increases inequality. the reason is as the top 10 percent of most economy, certainly in the united states, only 60 to 70 percent of the real estate in stock in that
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economy increased deb levels increased the value of real estate and increased the value of stocks, the financial experts on everybody understands the impact of on the equal wealth distribution on us society. the allies kafka needs if you go into the, the diesel from the sky to the side and that's all supplies and on dental, i think i must and with living. so come in a month for an i'll cut out. he believed in west just as a for sure don't. she's not on the book here. one by to a 1000000 as a fall to him with them is by the all, by the most of them time in the drops all by the as it is a kind to hundreds big law i because it's enough things the most unusual medina, mitsy house for the in the mid see it looks a need coughing up a time,
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kind of the size of the slide as of the limits credited to home, to my mistake, mess, hide and try it on suppressing zone and alice often. so you want to use it for in between on so kind of the weakest in society itself for the most mississippi has the highest proportion of poverty in the usa. you know, deadlines make up 29 percent of the population. 7 percentage points higher than the national average need to husband severe dep flat to drastic repercussions. years ago, me and my husband we were going to financial difficulty. he wasn't working. i was searching all of us in between paychecks because i started a new job as a office manager. one morning i came into a my truck has been with business. another co worker came in and she said,
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i'm gonna tell you what to do. she said, write a check for john doe for 365, get the cash. then when you get paid, replace the cash. okay, so i did that and i paid a comes and of course, you know, i have a 1000000 other bills. so i didn't replace the cash back so you know, i'm thinking in my head, okay, this is pretty easy. so i started, i guess for many a happy i will cheat my paycheck and i will pay my light bill with the the, the fake checks of the fraudulent tex altogether, but need to embezzled $13000.00 loss. and it was found out, she was sentenced to 5 years probation and had to pay back the money she was in that mess because she lost her job. her husband suffered a stroke and was confined to bed. need
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to regularly report into the probation officer in return for his services. she expected fees they have what they call a supervision fee. we had to pay $60.00 a month. i didn't have it. i didn't even pay on the $13000.00 restitution. you know, i know was working, so the probation officer say, well, if you don't have it, that is a violation of probation because you have to report and pay. so i'm not going to leave my basically paralyzed husband, 3 little kids home. so i'm not going to come back the need to was arrested and put a new restitution center. this means that that prison in jackson, mississippi,
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were present, serve time until they have worked so spent. that's the, the steps might be damaged. and so to victims of crime for over to court costs even so trifling amounts below $1000.00. people can end up this converted motel. but it has nothing to do with holiday accommodation. is bob liar just like a to you? when you get in a go through your stuff just like that you prison. they stood so to just like a prison. and i never forget this. they bought me there on a friday mother, stay this on a sunday. so they allow me one call. i call my son, my old son, and the 1st thing he said was happy mother stay mother. and that was so heartbreaking because i'm not going to be there. the
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besides the prison, i conditions in the recitation center need. so it was in for another shock. she was charged $11.00 a day for board and lodging, which was added to her dad's inmates even had to pay when the center was seeking employment for them. no matter how long it took, the anita was relieved to get a part time job at church's chicken. a fast food restaurant, i need to remember that she had high hopes of escaping the system by doing additional task. sure, insoluble bonus points that could be used to reduce or timing custody. but she had a rude awakening. i was, you know, scrubbing thing is,
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i was working in the cafeteria. i was doing everything that my meds, so i went to the ward and um she with my sentence and pay for here. i'm thinking all i had to do is get, you know, so many members and that can go back to my normal life. she said, no, you have to stay here until the $13000.00 is paid off. was a part time hourly wage of $7.25 less detention costs. nita's release was this prospect it became apparent that she'd have to serve the maximum term of 5 years. in jackson, the mississippi is joined by states stuckey, ron egypt. and if god has done that also imprisoned debtors
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nowhere else that's being attempted to incarceration the . ready ringback ringback ready way interested in finding out what sort of people employed better as. ready like a need from the restitution center. ready ringback business woman can, can, can have several decades experience of such temporary workers when i was 19, how about my 1st rental properties and a lot of them had to be excavated remodeled and it was hard to find labor, especially labor, that was sober. so the restitution center opened up here in greenwood when i was 19
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and i used to go and get labor to help me do all my day to day operations. handle my livestock cows, horses, load, hague, unload, hey, load, feed, unload fade, just stuff you have to do every day when you're on a farm. but the staff she recruits from the rest of the tucson center cause her problems now may go through 4 or 5 before i find one that i'm compatible. and i can work with because a lot of them think they're entitled and as soon as you pick them up, they start asking, can i use your phone or you stop at the store and buy me a drink, or you buy me some cigarettes. and there's been some that i've picked up and hadn't even driven a half mile that just their demeanor has. i didn't approve of it and i turned around and took them right back and sent them back in and got 2 more. it's summer, very crushed of summer, thankful,
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grateful for everything you do for him. you know, i've had some of them say, you know, if i had a mom like you growing up, you know, my wife would have been totally different. i don't try to cure them. just tell them, you know, you need to pray about yourself. you need to figure out your own self discipline and do something about yourself. you don't need to look for other people because it's not of the people's problem. your problem. the husband was in over ahead with our problems. she had to think of something otherwise given the amount of money shield it would be years before she was released, $13000.00 with a minimum part time paying job. i said, i need you, you need a plane, you know, you need you need a plan. you need to plan. i just took my chances in rain. but the
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challenges were huge. she was only allowed to leave to go to work. she was strictly searched twice a day and she only got $10.00 a week for personal use. they used to give us a roll of quarters. you couldn't have dollars. so every morning, how old woman here a pony to. i will put the full of porters in my ear because you know, in between the pony tail, i will leave with rope course come back. i will change the corridors for dollars. have a roll of the dollars or to 5 for the in the here. cuz i can get change, it was a hand wash my clothes, you know, stuff that i would take the $10.00 for like, you know, do with that. so i saved up enough little bus taking this one particular day i plan
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to leave. i had on my church has uniform but had on a pair of blue jeans. and to show under my church's chicken uniform. so i got a friend to take them to the bus station and that all of less. and i will actually eventually need to was arrested there and had to serve part of for a suspended sentence in an ordinary prison of to 9 months. she was really put that's for counsel the she doesn't have a good word to say about the system of restitution centers. my dad was pretty large, but there's been people that's been at the restitution with maybe a $2000.00 deck and 3 years later they're still in the recitation. you say,
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well one day i'm going to get to go home and, you know, be with my family but she don't know when i feel like 1st the to just finish should be like, well it's just an undercover slave like. ringback ready ready ringback ready ready ready ready the, the systemic discrimination of black people after slavery continues to the stay. so it's not just a neglected cemetery, is of the freed slaves like this one, a new jersey that bear witness to this more than the quotes of blacks can't get loans a tool compared to just 17 percent of white's and black neighborhoods,
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debt collectors pursue debtors, especially often and hard court cases or more frequent than for whites. the differences in the usa concerned not only skin color, but also generations. and the majority white's middle class, 20 somethings a groaning under tuition fees, which are higher than ever the. the cost of student loans in the us is rising sharply in 2006, the american students owed half a trillion dollars in student loan dash. this figure is since risen to $1.00 trillion dollars the
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in was as we ended up the mid deceased. and that's essentially precise. hassan comb, incomes to evict. so how to of is in the item will be starting soon. correct. so the starting, the shorted and i'm of i to on because one type diesel. i'm a twilight fan. so if you nancy and on, and you as a starting in the income problem directories back from the she didn't stand on compass button on the outside. so there's also 2 ones for almost 2 on on the american dream. didn't get this calm, not instruction was the other if you need to know where to submit or she's digital control. so i've, i've known and all his young shootings will also vaccine. as i've gotten his, if she usually gets dropped soon. so by the time i come from a certain point that's in sante precisely. so if the government tax is individuals, it means those individuals are able to spend less in
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a government uses that to pay off debt. the government itself is not using those tax dollars to spend more. so the math is obvious, of the folks being taxed been less the government spinning the same g, d p shrinks. so tax where you repay debt actually contracts g b and creates the opposite effect that you want. but what about starting with government spending? could be states to save like mad until that that have disappeared. and one of them then i will trust that for sure that is. see off i'm you know i'm sending her on policy for mcdonough almost now i'm. i'm fluid then fits a successful all but still is a card you will trust to look at the hosted as
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a firestick. the looked at the skiing tie from the most efficient heisen too much of what looks like a solution can actually be harmful if so how can we get control of the global that probably the perhaps the old idea is outside the world of finance. this leads us to cynic organ, brooklyn and the v d meets the right by emily cohen. so, i guess you could say that that isn't anything new in society. if we go back all the way to some of our early s texts, you find this discussion of debt. so there's
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a concept called shanita. and what you need to is, is a land rest. it's this idea that for 6 years you plant grain, your plant, your, your crops to harvest them as you normally would. and then in the 7th year, you to a plant, anything. it's a time where the land is supposed to get a chance to reset. and as part of that process as part of that reset, there's also remission of debt. so there's this idea that any debt that you have that you've taken on during the 6 years leading up to this me tire is released in the 7th year. it is unlikely that this, that remission was ever implemented to the laptop. but the i deal of this, the ideal of saying that people sometimes will be in debt, that there will be people who are in need. and that ultimately that can't be something that continues forever. i think that that ideal is something to strive for. even if we haven't figured out how yet the objectives claim that that
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remission might be an invitation to get recklessly into that. but financial experts disagree. so the moral hazard argument is the one that is always advanced. if we give an inch borrowers, we're taking mile irresponsible behavior will proliferate. and yet when we examine the facts, we see that that's not the case. bankruptcy is a miserable experience in the best of circumstances for the average an individual borrower is not something they go into lively. and in fact, when we examine a bankruptcy, it relates to just 2 or 3 key things. most of the time. hell, unexpected health emergency unexpected job loss in divorce. if those are the things that constitute, you know, almost all bankruptcies. uh,
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that's not evidence that there's folks out there. i purposely listen, i'll lose my job or i'll have a health care emergency in order to get out of my dad is doesn't have the dead cods for individuals, often advisable, out of compassion. but they also make sense for the general public default. strongly, let's not get psyched us 6, a few the i'm so the house hired to, uh, various pieces for us, cuz i'm just a mazda of your home phenomenon. sees a pizza is ethic wasn't back in the charlotte dawn cause i was talking to of the legs and unfortunately it was outside the specific teeth. i'll give you as a deal, but in the household that didn't leave off north nonsense. it's indeed to insure it . indeed, so americans loom, so any me on, on down. so that sounds like a pretty popular to that, and i was back in the sixty's. i think if i send you them to obviously the service
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to monitors tight and con. flip back into sparks, the stronghold of desk. one of those who is on the go on personal bankruptcy is confidential. pop singer and failed gas retailer was overwhelmed by a mountain of desk. eventually you contacted debt counselor to adam couple who helped him file for personal bankruptcy of the ovens, ice goose disease that gets you in your vision into those those go yeah. especially those ones, the question is mitsy box the gets involved your budget, so guns, good. you know, it helps us like them. they are easy. it does is lloyd the influenza the fund. i
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have this other law firm for somebody that window boswell designs or of on any issue is on the, on the windows tours. and yeah, i just have to show me up to the most vital isn't going to go for them as i see some done not see them, not to this in, in seen young from 60000, off from the top is on the google and we'll go to and that's once you kind of give you and yeah, so now it's up to now that's how you can do some of those options for the most common. yeah, that initial on the please, the boston assistant, as you can see as no mind these are beneficial community. so tanya is on an individual found the less than 5 on monday. so these are my 5 language system. it's a home what has kind of trunks, the been meaningful, most of them, especially the last place. you can note i was because i've got his points here to show the volt funds for the lease cost to the guy. i have to come over and do the view. this is what is the last one done to the, for the host to be. so i know 1st one is equal to get
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a relief. the one that i think with that i'd like to incorporate for that's also based on as long as on high start a whole field lawyer. if you see the bleach at each different have to devise, i'll see us, which ones come? i was on that, but it won't tell them when the good part is the lent on us in the us, in the mindful thoughts on how to feed us on this in the mail easily. yeah. so this and least i'm trying to move on done also. i'm kind of okay, it's kind of inexpensive on this and even it's going to all button and that it has to be into work and i can yeah. the talk to 3 years, funk venza will be dead. free is found a new, rewarding job as a noun, be less driver. and in his private life, 2 things of taking a turn for the better. i'm sure there's one. it's your fault england. which puts why on a guy electra job. who is, are living with venture? fortunately, that's not good psyched us is by pre vasa,
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english. we don't vista use schmidt, i'm so can i have some issues or events or fun to establish the items for kids? i just have cuz i'm such staff please. they positive effect of some of the ones that i need to learn about the sale to get off a stop and think central engine to design is a 50. the odds advise on a initial and see that's what it is. mr. williams inevitable. nice enough. once again, i'll inland is that a hill with the ice of this dealing on batteries? comes back to him to work on the come on often with us. yeah, sure. and how us back some the high speed isn't why on 100. so i told him not the season i have you on the voltage, although it quite door, it's enough for one axis a. but that's what it and i for getting more knock than what it actually it isn't for 101 to home. yes, because these are all front of, of one of the but even if all that that's in the world were written off how group the endless
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cycle is over. and dennis snapping shut the few years and stop the. is it possible to imagine the world in which much less that is incurred the, in the african neighborhood, and parents known as good dogs? they're looking for an answer. the item who runs in a state agency for homes in africa believes in a traditional solution for clients or from citizens of african origin, had problems investing and africa. the banks refused to get involved. a
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couple of one of the bulky vulcans of bucks a deal we boss good by these housing and i see part of the smaller c s on procedures any phone call. i think the probably about to the 60 cooler to dot the i sent cousin it is what i do is almost every day. so i'm just in the plaza and then last sample. so it'll fairly totally look through the so i've done that. it has to be something that you'd like to say to see uh what that meant. so i did the q and the best jump to huh. hoping to take this or not to handle, develop this, the keyboard of what equities between what that meant. so comes political to the total chief, traditional african savings schemes, where women joined together and pay in a fixed amount of each meeting each time the money,
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the participants who can spend it as she chooses. item acosta supplied the centuries, also stands painting to property purchasing. uh, i want you to be set up to produce 18 altogether. i think this will be something that's good and the best i can do is i can definitely good at gwinnett bishop system, not the best empty tubs. so ne, long see the only man we need is use of the policy to not easy you home for the value of the home to offset the conklin cars type to in the, on the farm. and it states that the 8th as clients must paying 250 years every moment in turn, 5000 years will be distributed to each of the 20 group members to finance a house or land in africa. since none of our clients has to
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go into debt for holding, this is an unbeatable advantage over the usual financing system. we learned that the principle of 20 also works in europe at felicia davis, had dressing so long to visit the resorts for lady, for whom a bank loan was never an option to finance the shop to fall upon the bunk. but to do the deductible is less if they were so successful, suff and one does themselves. and doesn't we to us like the big let's make last one seasonal. so if you filled those on for the 1st a plump button where you had to decide what could yes, you know, see a big to sony bulk with these 2 women show how our financial system can become more people friendly. but it was without any dental might be illusory.
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perhaps it's not even desirable, of course. and the solution is it's end the end of its own are covered on this most and think of it. and this was hucks, a touch. as i now pulled lima on said he voice down, couple start is diesels, feel hopkins, this themes and get us on. so what do we now need? so for this giving us what i have been, let's get this on us off for the and become some span id and let's not see anything in normal school. tom, doctors on this don't copy to this was and i was sent home dues to steam sticking off to it and taken off the move this guy from stopping off to in this the, in, impossible to induce them in. it's a group. this is line this not everyone benefits from all system defense that has become a trap for many of the world's most acts in everybody's interest. because behind all debts are human beings assume invest
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the
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y, our way of the power of literature all over the world. writers for being threatened and its own getting worse, and yet they refused to be silent. the struggle we spoke with some of them both unveiled in 19 minutes on d. w. the name is the calls back said wow, thank you so much for joining in. welcome to don't hold bad. a lot of people do that. as soon about saying it's loud and you guys would have been nosy bay like get
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3rd term looks by.

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