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Swindle? It’s not my problem when a property owner cannot manage their properties effectively, have vacancy problems, cash flow problems, variable cost problems, revenue problems, etc. Their problems are my opportunities.
When a REO lender has large portfolios of discounted problem properties, I see opportunity, while others may only see problems. The owners want to sell, and I want to buy. They are happy to unload their problem properties, and I’m happy to buy those problem properties, and correct the existing problems to make it profitable. One person’s problems, is another person’s opportunities!
That’s not a swindle. That’s Business. Unfortunately, you don’t have the financial ability to do the deals I do, so I’m not surprised you call it a swindle. Your opinion really doesn’t matter to me because you lack financial credibility to even have a meaningful opinion on this subject matter. Try to earn some money first, so you can truly repair your ego. The people I do business with, certainly don’t agree with you, since they would not do business with me, if they felt I was swindling them.
I have not conflated two points. I merely corrected your mistaken assertion that it was solely about population size. If is was “solely” about population size, countries like Brazil and Russia, with comparatively smaller populations, would not be fast growing economies. Your assertion is factually false.
Your problem is you waste too much time with theories. Despite GDP growth, US has gone from the largest creditor nation, to now, the largest debtor nation, a financial reversal. There was a time when US focused on both economic growth, and financial strength. But sadly, now it is more like a mutually exclusive decision to focus on economic growth, even when such policies weakening the country financially. One reason you don’t see this important difference between economic activities and financial results, is the same reason you are in such bad financial shape. Pestering me will not change your financial reality! Get to a big city, learn finance from the real world, make some mistakes to gain valuable experience, and one day, you might change your financial state. Good luck to you, because I hate to see someone, anyone waste his life away, and not experience sustained financial abundance.