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The Dark Side of Quick Money

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Rabbi Yaron Reuven avatar
Rabbi Yaron Reuven

Transcript

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gangsters that pretend to be righteous. There was one guy I spoke to. He told me, [music] "Listen, within uh 6 months, he made a million dollars. This 18-year-old little kid, knew nothing in his life, made a million dollar in his cash advance business." I told him, "All those guys that you lent the [music] money to make that million dollars. How many of them are still in business?" He's like, "Rabbi, they all went broke. [music] They all declared bankruptcy." Meaning the loan that he gave them that made him a million dollars destroyed all of their lives. So let's say, [music] let's just hypothetically speaking, let's say he got 100 deals. 50 [music] deals. That means he just destroyed 50 companies. 50 companies. That [music] means no less than 50 different lives. And of course, all of them had employees. [music] All of them had people that have careers. The damage that this little kid made, and this is just a little kid that worked in the industry for less for a year. Million dollars he made destroyed all these companies. I told him, "How much of the million dollars do you have still left?" [music] At least you have something left. He says, "No, that's gone, too." He says, "One of the things that all the cash advance people end up doing after they go into the business with all the fast money, everybody becomes a drug addict.