I understand the importance of living frugally and within ones means. However, shit is hitting the fan for a lot of people and even those who are responsible are having to get creative.
Are we counting on "The Great Reset?" The biggest FU to the banks, go down with the ship? With interest rates at stupid numbers and a financial collapse every 10 years, what the actual fu*k?
Whats the endgame?
When you sign a mortgage you create FRN's that did not exist until you signed the papers. (fractional reserve banking) The bank has a small fraction of what you borrowed in thier accounts.