"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."
  • Nobody@lemmy.worldEnglish
    5·
    7 months ago

    Organize a mass, simultaneous bankruptcy filing nationwide. Overwhelm the system with claims, and all debt collection ceases the moment you file for bankruptcy while the claims are being processed.

    • AlecSadler@sh.itjust.works
      1·
      7 months ago

      I was thinking similar. Would be interesting to see what happens. I just wonder if it’d be possible to do on a mass scale before they catch on and start disallowing bankruptcy filings.

      Might devolve into everyone just ceasing payments on CCs, loans, mortgages period.