[FranklinsTower]

Why not just have a jubilee and let all the banksters eat their loans?

[proust]

I can see “Goldman Sachs” Mnuchin getting right on that.

[LouieFisk]

“Why not just have a jubilee and let all the banksters eat their loans?”
—
The biblical “reset button”. Wonder if it was ever practiced with consistency in ancient Israel.

[rollo tomasi]

If a hard reset to zero occurs in our economy, thousands will be doing flips and back-flips from the top story of those tall skyscrapers in every metropolis, no one would get a loan anymore, small businesses zapped, big businesses laying off a large percentage of workers, purchasing power of the dollar would be a bad joke, inflation would rival Weimar Republic, government mechanics would be grinded to a halt, pensions disintegrated, retirement accounts gone with the wind, etc...