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Would the financial crisis be solved by writing off poor people's debts?
Or would it have to come to this..
10 Answers
- Anonymous1 decade agoFavorite Answer
What's one more dead Kennedy???...x
- Paul RLv 41 decade ago
Unfortunately not.
This would just cripple a lot of companies dependant on the payment of debts, thus setting in motion the loss of jobs, increasing unemployment, and the inevitable raise of taxes.
- Anonymous1 decade ago
No, that would just add to the crisis.
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- Anonymous1 decade ago
No not at all, The banks still wouldn't have any money would they?
- 1 decade ago
probably not but...wow that crowd is really feeling it lol one looks like he's having a seizure.