the alternative is simple.Let them burn.banks create money/loans...

the alternative is simple.

Let them burn.

banks create money/loans from our deposits.

Fractional Reserve banking.

So the money they lost is invisible and doesn't exist except on our Debtor side.

Wipe them out, put the lot of them in jail and wipe our DEBTS in the process.

Why should we pay for someone else mistakes.......

Would anyone pay for their neighbors loan if they cannot make repayments..

I think not.