With nearly half of city residents losing work, Vancouver could face insolvency: Mayor

Maybe all the governments in the world should tell the banks they won't repay their debts... Then wait for the banks to go bankrupt and buy them back for pennies on the dollar.

Once the banks are nationalized, they can restore the savings and checking accounts of the depositors and start cancelling debts.

Without debt, the economy of the world would experience a level of rapid growth never seen since the end of WWII.

And all we have to sacrifice for this are the 400 richest families in the world... People rich enough to buy entire countries... I will not shed a single tear for them.

400 families who will still be insanely rich but only slightly less rich in order to free 7 billion people from economic bondages... It's a good deal!!

/r/canada Thread Link - bc.ctvnews.ca