I would like to know who has any Idea how to recover from 700 TRILLION DOLLARS lost. Maybe we should just say forget it and just keep going like nothing happened.
I think Tom Clancy in one of his Novels has a Crisis where the financial system is trashed by an Individual in revenge for His Parents Dying on the Island Of Okinawa In WW2. He then flys a 747 into the Capital while the President is giving the State of the Union speech and the entire Government is wiped out.
A new President is elected and a Whole new Government and Financial system has to be formed ,the President announces that no one should Panic or react violently the Sun Will Come up in the Morning and we go on from here . I think the book was DEBT OF HONOR ,of course the New President elected was Jack Ryan
Do-Over.
The "Tried & True" method is to merely print more money or add 0's to existing currency.
Check out Zimbabwe (currently), Argentina, or Weimer Republic Germany about 80 years agp. There are hundred, if not thousands of examples! The only differencies are the magnitudes involved and the historical dates!