Bankers and financiers will inevitably simply have to resort to...

Bankers and financiers will inevitably simply have to resort to writing off massive losses and accept cents in the dollar.

Like history has dictated.

Never been worried about America for this reason. The USA can always write off debt and everything's hunky dory again.

A funny world but easily judged. Psychology plays a big part, so do neural algorthyms and short strategies.