Forgive all debtsSubmitted by Rod Owers on Fri, 10/10/2008 - 10:41
What do you guys think if they were just to forgive everyone's debts. No mortgage, no car payment, and no credit cards to pay for. I think that could really help our economy. Think about all the cars that people could go out and buy, therefore helping our infastructure. People that need work done on their house could now afford to do so.
There have been many cultures in the past that have done this. What do you guys think about this. Crticisim is welcome. What are the problems with doing this? What are some of the advantages?