I think they mean non-payment on a massive scale sufficient to bring down the banks by destroying their cash flow. It won’t work, at least not as a stand-alone plan of action.
“I think they mean non-payment on a massive scale sufficient to bring down the banks by destroying their cash “
Even if every single SEIU member, teacher’s union member, and federal employee union member did so, that wouldn’t be sufficient to bring down any bank. They also now have cash reserves that those members do not have. The housing crash provided over 10 million unpaid properties and millions more were late a few months.