The Next Economy

America 2012 and the Moral Imperative to Walk Away From Big Bank Debt

Nicholas Carroll | Posted 03.26.2012

Nicholas Carroll

The 99 Percenters also have power. We have the power to dictate masses of smaller individual deals, on underwater homes and usurious interest. We can simply reduce the interest to 0% and the principal to $0.00 -- by not sending the big bank any more money.