Banking and finance sounds very sophisticated, but they are nothing more than pay day lenders looking to enslave their borrowers.
As Warren Buffett says “if you are smart why do you need to borrow money? and if you are not smart you have no business going near the Shylocks as it nearly always ends badly”
These guys definitely fit into the later category, so even if someone was fool enough to lend them money it’s going to end in disaster.
SFG Price at posting:
9.4¢ Sentiment: None Disclosure: Not Held
