[landemva]

Instead of default the bad debt and a recession, what alternative is there? Prop it up a little longer? Default on everything, go to CBDC, and issue everyone monthly CBDC tokens to buy food?

[rightbyte]

I guess you could forgive the loans people took for houses that were not built and let the bond holders share the hit.

[IG_Semmelweiss]

I think some of the bondholders are banks. The others are ccp cadre.

That will trigger a run.