” you owe the bank $1,000,000, and the bank has the problem “
And we’re just now finding out how *big* the banks’ ‘problem’ really is......
What happens when they figure out that there aren’t enough assets in the world to settle all of the outstanding debt??
“What happens when they figure out that there aren’t enough assets in the world to settle all of the outstanding debt??”
Collapse or war, or both.
They may be finding that out now.