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[TatonkaJames]

3. All is not well after the revolution

Sure it's something we'd like to see happen here, but the consequences would be a million times more than they have been in Iceland. I won't post a page of notes, but you can search for what happened to jobs, companies, inflation, foreign relations, etc. They may well come out of it one day, but I would think if we defaulted on all our loans, the global economy would pretty much fall apart.
I want change more than anyone, but not that way. It would be easier if we had a magic wand and could simply switch out the current leadership in the houses with people who aren't connected to corporations or the money and know how to balance a checkbook.