Primerica
Reasons the company's business model is fundamentally flawed

Business & Finance

Today I'll offer reasons why Primerica is fundamentally flawed.

(1) It helps to destroy the monetary system.

In basic economics we're taught that money is
created or destroyed in the banking system
through loans - the more loans there are, the
more money that's created and through secondary multiplier effects, the amount of money expands even further. This leads to the creation of jobs and businesses.

Primerica is directly opposed to this as they're openly hostile towards banks and the lending system saying why you shouldn't do business with banks (in the meantime attacking Citibank which is one of their affiliates) which is actually helping to destroy the American economic system.

(2) As Drew F admitted everyone is welcomed to work at Primerica. But, as Drew F. Also admitted, if everyone were to work at Primerica, then there'd be nobody left to
sell to.

Here are additional problems with Primerica.

(3) It's a pyramid-schemed company meaning that only the fat cats at the top get to make the real money (numerous requests for documentation to this website disproving what
I say have fallen on deaf Primerica ears).

(4) Instead of coming over here to help out the victims of Primerica, you have trolls and shills from Primerica (their agents) coming by to either tell us how wonderful
Primerica allegedly is or to tell the victims to contact corporate Primerica which is a copout.

(5) Primericans keep referring to being part of the big Citigroup (remember Enron?) who is having their problems in court being charged with predatory lending. On top of that all Primerica is to Citigroup is just an investment as Citigroup won't guarantee what Primerica sells. So what is Primerica without Citigroup?

(6) Fraud and deception is rampant throughout Primerica i.e. at the executive level. A Primerica California agent (actually an executive) went to jail last year for ripping
off a senior citizen and her daughter.

(7) In conjunction with no. 6, there are numerous reports on this website alone reporting how Primerica misrepresents positions it offers as being salaried.


Company: Primerica
Country: USA
Site: primerica.com
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