No offence Mark, your posts are usually quite enjoyable to read but this is nonsense of the highest order. In what world would cancelling peoples private debt be a good thing? All that would happen would be a fast return to the level of debt the population had before, but then why would people stop there, why go 200% more indent than before, 300%, 500% maybe 2000% more.... they were bailed out once before, surely it will happen again, especially if we get REALLY in debt this time.
Your plan would end the world.
Ann: Bumblebee Gold-Copper-Silver-Lead-Zinc-Cobalt Discovery, page-39
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