Someone else already replied, but about living within your means, lenders can look up other debts you have, and missed payments you have. And they all request access to your pay slips so they get a basic view of your income. In the end it’s close to the credit score system, with the difference that someone who doesn’t have any loans or credit cards willl also have a good score since they don’t have any missing payments, and haven’t gathered too much debt already, which makes sense.

Regarding your point of rent vs ownership. In the end you can still boil it down to needing a certain amount of money/month. Only part of it is your mortgage of course, you need to save up for bigger things, but it’s not that different. And i don’t even see this being relevant in this discussion, i don’t see how the credit score system would predict you being up to being a house owner and setting money aside for bigger repairs.

No it isn’t. It’s to force you to use credit under the guise of checking how good you would be at paying back.

I’m from europe, you know how much credit i had before i got a loan for my condo? absolutely zero. All they needed to know was that i had no debts, lived well within my means, knew what i was doing, not “how many credit cards and car loans have you got running”. The best possible person to loan money to is someone with 0 credit history who can prove they’ve got a solid source of income, and are living well within their means. Because you know, once i bought my condo, paying my loan is the exact same thing as paying my rent.

And if you wonder if i got a decent loan with such a “terrible credit history”. It was a loan with variable interest rate, after the first change, my interest dropped to 0 due to the financial crisis, and it remained at 0 until i paid it of.

Anyone actually believing the american credit score system is anything else than just a way to force you to use credit while you really shouldn’t, is just indoctrinated. I’m sorry, but someone perfectly paying rent, and saving up for purchasing a house without ever using any credit is the perfect person to give a good mortgage too, and the exact kind of person this system sets out to punish because they’re not taking part in the American banking system the way the banks want you to.

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Yeah, the policy causes more cars to be sold, which is also an important thing to take into account.

But you initially said “If most people replace their cars every three years they’re not getting to 80,000 km before they buy a new one.”, and that is plain wrong, the car is not scrapped after those 3 years, so when it changes owner for the first time is irrelevant. And that 80k km is worst case scenario, that assuming all electricity is generated in the least environmental way possible, in practice it’s often <40k km that there is already a break even because not all electricity is generated by coal.

It for sure applies to voters, but not to the politicians present at climate conventions as this cartoon portrays. And in the end it’s them that have to broker a solution, not individual voters.

They’ll of course use such language to their voters since whatever gains votes is fair game, but i very much doubt they themselves are this stupid. Behind the scenes it’s just finding ways to screw with the others.

Yup, i wish talking about issues like this would be more common here rather than “what if we accidentally create a better world”, and other really populistic views of what’s happening.

I kind of get these kind of comics, but isn’t the reality that all of humanity is still in a competition with eachother, and doing all the wrong things gives you more power than doing all the right things, so that’s what continues happening.

In these climate debates the reality is that it’s a global chicken on the road, we all go toward self annihilation at a steady pace, and the first who flinches and tries to take action will get taken advantage of and ruined. So it’s slooooooow talks about doing tiny things and kind of maybe a bit cooperating while noone really wants to, because any advantage they can get over another country will be taken advantage of…

Maybe i’m a bit too pessimistic, but it’s my assumption that things work like that, and then all this bullshit suddenly makes sense >_<…

I love his reply, but i’m afraid history so far has shown that supporting open platforms is not a competitive advantage. The number of hackers like us in the smart home market is negligable. Proper closed platforms rake in the big money, and the public loves it… Add on some cloud integration & a subscription to functionalities that would take a home assistant user not much time to set up, and you’ve got something the average customer seems to want…

Still a shit (and probably without any real legal basis) attempt by Haier, but if they’re actually aiming at a walled smart home system, from an economical perspective they’re probably right… And i hate that they’re right…