this post was submitted on 24 Aug 2025
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Memes
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Memes! A way of describing cultural information being shared. An element of a culture or system of behavior that may be considered to be passed from one individual to another by nongenetic means, especially imitation.
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I'm sure it gets more complicated than that. "Buy borrow die" is a common strategy
I'm not rich enough to know the details. You can probably find answers online since it's not like a secret. I think if the amounts are large enough, the rates can be lower so the bank still makes money. Also the collateral is worth more than a house, I think. Usually. More liquid.