Debt - A financial Instrument.
A friend quoted this Bible passage in the morning - A borrower is a slave to the lender.
The same Bible talked about the parable of the talents, where the master gives 5, 3 and 1 talent/s respectively, according to their capacity. This Bible Passage perfectly explains debt as a Financial Instrument.
When a financial institution offers you loan, they know you have the capacity to pay back and they will never give you more than you deserve. They check your credit report and prone deeper to confirm your ability to pay back. This is not different from what the master did.
Most people after taking the loan like the one with the one talent will bury it by eating it: they use what they are borrowed to pay bills or spend at the Bar on Friday night.
The Bank or the Master on the other hand knows your capacity as they've evaluated you. If it's difficult for you to pay back one talent or refused to multiply it by putting it in trade like the others did, then why should they give you more.
The same talent/debt A and B took and multiplied it, C took it and misused/buried it. This is why the Rich will continue to be Richer and the Poor Poorer. You are first a slave to your Mindset that keeps you poor.
You will become a slave forever to the master or the financial instrument itself if you don't trade with your talent/debt.
Debt as a Financial Instrument will either make you rich or keep you poor - no middle ground. It's neither Good nor Bad. The Handler determines the endpoint.
Written: 01/10/2021
Emmanuel Haastrup
Ceah©
A friend quoted this Bible passage in the morning - A borrower is a slave to the lender.
The same Bible talked about the parable of the talents, where the master gives 5, 3 and 1 talent/s respectively, according to their capacity. This Bible Passage perfectly explains debt as a Financial Instrument.
When a financial institution offers you loan, they know you have the capacity to pay back and they will never give you more than you deserve. They check your credit report and prone deeper to confirm your ability to pay back. This is not different from what the master did.
Most people after taking the loan like the one with the one talent will bury it by eating it: they use what they are borrowed to pay bills or spend at the Bar on Friday night.
The Bank or the Master on the other hand knows your capacity as they've evaluated you. If it's difficult for you to pay back one talent or refused to multiply it by putting it in trade like the others did, then why should they give you more.
The same talent/debt A and B took and multiplied it, C took it and misused/buried it. This is why the Rich will continue to be Richer and the Poor Poorer. You are first a slave to your Mindset that keeps you poor.
You will become a slave forever to the master or the financial instrument itself if you don't trade with your talent/debt.
Debt as a Financial Instrument will either make you rich or keep you poor - no middle ground. It's neither Good nor Bad. The Handler determines the endpoint.
Written: 01/10/2021
Emmanuel Haastrup
Ceah©
Debt - A financial Instrument.
A friend quoted this Bible passage in the morning - A borrower is a slave to the lender.
The same Bible talked about the parable of the talents, where the master gives 5, 3 and 1 talent/s respectively, according to their capacity. This Bible Passage perfectly explains debt as a Financial Instrument.
When a financial institution offers you loan, they know you have the capacity to pay back and they will never give you more than you deserve. They check your credit report and prone deeper to confirm your ability to pay back. This is not different from what the master did.
Most people after taking the loan like the one with the one talent will bury it by eating it: they use what they are borrowed to pay bills or spend at the Bar on Friday night.
The Bank or the Master on the other hand knows your capacity as they've evaluated you. If it's difficult for you to pay back one talent or refused to multiply it by putting it in trade like the others did, then why should they give you more.
The same talent/debt A and B took and multiplied it, C took it and misused/buried it. This is why the Rich will continue to be Richer and the Poor Poorer. You are first a slave to your Mindset that keeps you poor.
You will become a slave forever to the master or the financial instrument itself if you don't trade with your talent/debt.
Debt as a Financial Instrument will either make you rich or keep you poor - no middle ground. It's neither Good nor Bad. The Handler determines the endpoint.
Written: 01/10/2021
Emmanuel Haastrup
Ceah©
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