People have to repay their bank loans. They are all living off credit - for everything even their holidays or consumer goods.


++++++++++++++++++++++++++++++++++++++++++++++++

Why? The Banks never had that money, they created it out of thin air backed by their so called "assets". Then that created money is loaned out at interest and then the Banks get money back that had to be earned by the exchange of labour.

What do you think Fiat money is?