since most people are financially impatient, buying on terms ruins a lot of people and causes recessions. It's fast good feelings but if you buy on terms without an expected positive return on investment or without seriously needing what you're buying, then that's being broke it's not really clever it's stupid

@gamelandmaster3680

Жыл бұрын

Yep, paying on terms is a dangerous game. If you were to buy something on terms you are basically renting it for a temporary period of time. Since most contracts contain a clause for what happens if regular payments fail, you will almost certainly pay a steeper price than you would have wanted to. (Just adding to what you said)

@JustATotalNerd

Жыл бұрын

That being said, these kids will be pushed to do it so at least they can understand how they're being fucked

You are a fantastic teacher and educator. Great energy and clarity. Truly well done!

I wish I had high school teachers like this dude. If we as a society started implementing this style of teaching and interaction we wouldn't even need a reform necessarily like we do now. In the U.S. anyways

@1littlelee

Жыл бұрын

this aint high school I believe its in aussie this is uni

@scottgreen132

Жыл бұрын

@@1littlelee this is at Cherrybrook Technology High School

@BirdsTheWurd

Жыл бұрын

@@scottgreen132 yeah this is a solid High School teacher but would do well at a college too you can tell

The main reason cars and homes have gotten so expensive are loans. If there weren't any loans, a Range Rover would cost you less than half. Loans give companies the possibility to extract way more money from a product. Just an example: I have it on good authority that a BMW X3 costs about 8.000 € to produce. That includes R&D!!!. But it gets sold at 45k or so. Pretty nice markup. Why is it possible? Because of loans. If there weren't any loans, BMW would have to sell that car at 20k or even less, because no one could afford one.

@jacksonprobst

Жыл бұрын

I feel like they wouldn't sell expensive things for way cheaper they would just sell way cheaper products.

@alexandrevieira2410

Жыл бұрын

Well without loans you'd have to work until 90yo to buy stuff

@haoyangsun3278

Жыл бұрын

No

Great teacher

What type of whiteboard markers are you using? They look nice.

@ricelemon1921

Жыл бұрын

Eddie please respond to this person they have been waiting since 2014

@synaesthesia888

Жыл бұрын

@@ricelemon1921 is this the only comment on this video???

@austfox2170

Жыл бұрын

I think Scribbles might be disappointed. They look like Artline Icon whiteboard markers that went out of production in 2019!

@monke8949

Жыл бұрын

@@austfox2170 you sure know your whiteboards.

@smolneso

Жыл бұрын

@@austfox2170 I hazard to think they've been Artline 577s all along!

He forgot the benefit of leverage.

The bnpl before bnpl

Lol did he just use Keanu reeves as an example of a wealthy spendthrift

Sssshhhhh

@SarahR2D2

Жыл бұрын

It has translate to English under your comment 🤣🤣🤣

lol

Wants to buy Range Rover, don't know what it costs.

@FlareiOS

Жыл бұрын

Classic australian

Shame no one said they wanna buy an AK 47

@SP-qo1so

Жыл бұрын

One kid said tank. That works for me.

@bjornanderson3645

Жыл бұрын

You can't afford a AK? That's sad.

@nayeb2222

Жыл бұрын

@@SP-qo1so can't mass shoot with tank tho

@nayeb2222

Жыл бұрын

@@bjornanderson3645 sad indeed

@KathanThakkar

Жыл бұрын

Because they are not in USA!

Kids need to learn how to close their mouths and listen. Jesus.

@Piotr_Tokarz

Жыл бұрын

It started because of the topic, everybody was probably thinking what is expensive outloud

@zacmac2002

Жыл бұрын

Way better that they're engaged in what they're learning, enjoying the lesson, rather than being dead quiet and bored out of their minds. Even if they are a bit loud.

@SarahR2D2

Жыл бұрын

@@zacmac2002 It becomes disruptive if they are too loud. Some students have learning disabilities where they can't filter it out

@dodgechance4564

Жыл бұрын

Bro that level is noise is nothing