Which is worse - Islam or Wonga?

[shaunbhoy]

But the people need or desire the loans, otherwise why are they taking them out?

You tell us......you are the economics egg-spurt!!

[Mich the Tester]

You tell us......you are the economics egg-spurt!!

[Robinho]

'Desire' and 'need' are very different things.

Indeed, hence the use of the word "or" to distinguish.

I just wonder why you have a problem with people entering into mutually beneficial agreements.

[Mich the Tester]

Indeed, hence the use of the word "or" to distinguish.

I just wonder why you have a problem with people entering into mutually beneficial agreements.

I don't. I also don't think that short term, often unsecured, loans at very high interest can be called a 'mutually beneficial agreement'.

[shaunbhoy]

I just wonder why you have a problem with people entering into mutually beneficial agreements.

Al Capone used to convince people that they should enter into "mutually beneficial agreements" with him too. How did that work out?

[Robinho]

I don't. I also don't think that short term, often unsecured, loans at very high interest can be called a 'mutually beneficial agreement'.

So why are people voluntarily taking them out? Do you regularly do voluntary things that are not beneficial to yourself?

[Robinho]

Al Capone used to convince people that they should enter into "mutually beneficial agreements" with him too. How did that work out?

He probably used the threat of violence. Which Wonga aren't doing.

[Mich the Tester]

Do you regularly do voluntary things that are not beneficial to yourself?

Yes, well I'm wasting my time on here when I could be out in the sun.

[Robinho]

Yes, well I'm wasting my time on here when I could be out in the sun.

Typical Mitch, runs away from the argument.

[chef]

So why are people voluntarily taking them out? Do you regularly do voluntary things that are not beneficial to yourself?

by the same argument you could also say Heroin dealers enter in a mutually beneficial agreement with junkies, however I would hope you would agree that its not the sort of thing you would promote?