I'm a proponent of abolishing special classes of debt that can't be discharged through bankruptcy. Do that and you've already fixed 90% of the problem.
I'm a proponent of abolishing special classes of debt that can't be discharged through bankruptcy. Do that and you've already fixed 90% of the problem.
As the great David Sims once said, if the bankers insist that we "pay back" their fictitious loans, we should ask them in what denominations -- 10, 20, or 50 megatons?
