We spoke with financial analyst and economist Rasul Rysmambetov about why people don't repay their loans, how to use them correctly, who benefits from the population's indebtedness, and what can be done about it.
00:00 — Tens of Trillions in Loans;
02:00 — Why Don't People Repay Their Loans?
04:49 — The Global Corporate Graveyard;
06:58 — Banks Are Not to Blame;
09:23 — Credit Is Like a Knife;
14:05 — 10 Trillion in Consumer Loans;
16:55 — "If People Want It, Let Them Take It";
17:55 — Consumer Loans Mask Poverty;
20:25 — How to Escape Debt Slavery?
22:48 — Summary;
#2024 #kazakhstan #interview
We spoke with financial analyst and economist Rasul Rysmambetov about why people don't repay their loans, how to use them correctly, who benefits from the population's indebtedness, and what can be done about it.
00:00 — Tens of Trillions in Loans;
02:00 — Why Don't People Repay Their Loans?
04:49 — The Global Corporate Graveyard;
06:58 — Banks Are Not to Blame;
09:23 — Credit Is Like a Knife;
14:05 — 10 Trillion in Consumer Loans;
16:55 — "If People Want It, Let Them Take It";
17:55 — Consumer Loans Mask Poverty;
20:25 — How to Escape Debt Slavery?
22:48 — Summary;
#2024 #kazakhstan #interview