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Joined 22 days ago
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Cake day: March 17th, 2025

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  • Plus, at least here, if you lose your job the following happens:

    • for 2 years you’ll get 80% of your previous paycheck (assuming you worked long enough to qualify, iirc 5 years. if not you get time deducted)
    • at the same time as the end of your current employment you have the option to stop/reduce payments on the loan for a time due to special circumstances (technically not mandatory but not bank will give you a large loan without this added insurance, iirc interest will still accrue in this time essentially extending the length of the loan)

    And that’s the difference. Here you just get to be foreclosed on.

    So yeah with having reasonable social safety nets in place the idea is a lot more reasonable


  • Disagree, sure you can make more in the open market over time by getting another mortgage on a paid off home.

    But that invested money means absolutely nothing if the market has a downturn and you lose your job. Now you’re on the hook to a mortgage you can’t pay and risk losing a place to live.

    While on paper you can make more money, it’s very dumb to gamble with things you need to survive. And that’s all any loan is, a gamble that you will be in good health and have the means to pay it back.









  • Woof, calling the entire democratic nation of South Korea nothing more than a colonial state is highly disrespectful to basically every South Korean.

    South Korea as we know it would not exist without imperialism, and the US had no buisness there in the first place. I do agree with you there.

    That doesn’t mean that the current modern South Korean state doesn’t have the right to exist. Especially given the current conditions of North Korea.

    And i reject the absolutely baseless assertion that modern South Korea is an occupied state. It did start that way, but the South Korean government if fully independent. It’s like saying that modern day Germany is an occupied state because it hosts US bases. It’s demonstrably false.

    Kinda insane you’re using imperialism to de-legitimatize a modern democratic nation.