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“Onkara Estate – Where trust meets excellence, making us the best property dealer in Zirakpur. Your dream space is just a deal away.”

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“In contrast to Ricardo’s expectation that banking would retain its early focus on international commerce — and hence,on industrial capital formation to provide foreign markets with British exports in exchange for raw materials — banking has found real estate to be the key, along with its traditional market in creating monopolies and trusts. Some 80% of bank loans in the United States and Britain are mortgages, and consequently they account for 70% of the economy’s interest payments.”

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“Good and evil. Truth and deception. These forces of nature run deep. Truth is a powerful source of love and light. But even love and light can be deceptive. What appears to be true is not always so. Evil and the deepest darkness love to hide in beautiful things. Time and again, what is old simply wears a new disguise.”

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“The motivation for taking on debt is to buy assets or claims rising in price. Over the past half-century the aim of financial investment has been less to earn profits on tangible capital investment than to generate “capital” gains (most of which take the form of debt-leveraged land prices, not industrial capital). Annual price gains for property, stocks and bonds far outstrip the reported real estate rents, corporate profits and disposable personal income after paying for essential non-discretionary spending, headed by FIRE [Finance, Insurance, Real Estate]-sector charges.”

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