In the end this peasant will probably get the short end of the stick, but maybe she will get lucky and receive some leniency from the King. And who knows, maybe this is the beginning of a debtor’s revolt and a new movement. Reminds me of burning draft cards in the 60′s. We could have demonstrations where everyone burns their credit card bills. What would happen if they gave you loans and nobody paid? Kind of like “what would happen if they gave a war and nobody came”?.
Maybe this is the way to end the “too big to fail” problem.
It is surely a lot easier and more effective method to shut down the banks than writing your congressman or protesting in the streets. Have to hit them in their pocketbooks. Besides Uncle Sam will bail them out anyway, right (cynicism intended)?
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