RICH PEOPLE LOVE DEBT

Why are all rich people in debt? All debt. Millions in debt. The wealthiest millions and banks on purpose. The secret. Completely. Here's the secret. Yogi owns £10 million worth of assets, businesses, property, shares, businesses. Assets growing every year. Property, shares, businesses. All sitting there growing in value every single year. The moment Yogi sells any of it, HMRC takes up to 24% in capital gains tax. So Yogi never sells. Instead, he walks into a bank and borrows £2 million against those assets. The bank says yes without hesitation. The assets back the loan. Yogi gets £2 million in cash. No income, no tax due, no tax sends no bill because a loan is not income. It is never taxed. Yogi takes that £2 million and buys more assets. Those assets grow. He borrows against those two. The whole cycle starts again. His original £10 million is still sitting there and untouched and growing. This is called by borrow die. You buy assets, borrow against them tax-free. And when you die, the debt gets settled. The assets pass to your family and the capital gains tax on those lifetime gains is wiped. Yogi is in debt. He's figured out the game. The bank sees Yogi's life and HMRC sees Yogi's life. See works.