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Message 5458
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| Subject: | Re: [socialcredit] Re: Definition of usury. | | Date: | Wednesday, July 9, 2008 00:56:54 (+0200) | | From: | Per Almgren <almgren_per @.....com>
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Joe Thomson skrev:
> (Kristof wrote:-) I am sure that people in
> Sweden are wise enough to know, how much they pay for their credit.
>
> (Joe replies:-) Sweden has long been held up as an example of one of the
> few countries in the world where they do everything right. And I'm not
> knocking the place, I've never been there to see firsthand, so perhaps it
> is.
>
> Though I strongly suspect that to us what goes on there often looks better
> from afar than would be the case close up. Just like all the other
> idyllic lands, in other words.
>
> And wise as they may be, I doubt very much whether the Swedes, or anybody
> else in our world today, really knows how much they pay for their credit.
>
The average Swedes doesn't know so much about how much they pay but the
members of JAK is quite,
well informed about that. The bank uses about 12 % of their budget to
inform members about how the
savings-loan system works, also about the practical administration and
to some extent about the economy
in the society. About 2 % of the members does practical work to promote
the bank and the ideas behind it.
In the end of 2007 the number of members/owners in the bank was almost
35,000 with an annual growth of 5 %.
Per Almgren
> "Truth in Lending" laws are a great boon to the Consumer in getting a
> meaningful, comparative interest rate. But as Martin Hattersley observed
> in his last post the real problem isn't with "interest" or the "interest
> rate". It lies elsewhere.
>
>
> ----- Original Message -----
> From: "Swieto Radosci" <radosc@radosc.x.pl>
> To: <socialcredit@elistas.com>
> Sent: Monday, July 07, 2008 12:41 PM
> Subject: Re: [socialcredit] Re: Definition of usury.
>
>
>
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