"...some hardworking person loses their savings"
No they don't. Loans are insured against default. Interest rates more than cover extremely low default rates and then some.
No they don't. Loans are insured against default. Interest rates more than cover extremely low default rates and then some.
https://en.wikipedia.org/wiki/Collateral_protection_insuranc...
http://www.investopedia.com/articles/investing/022416/why-ba...
https://en.wikipedia.org/wiki/Emergency_Economic_Stabilizati...
Clearly you spend more time attempting to belittle than understand the conversation.