What Would Happen If The World’s Debt Disappeared?

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That does sound very enticing doesn’t it?

Think of the fact that all your debts – every commitments or liabilities you retain – will be wiped clean. Revelling in such a thought is tempting. Hoping for the genesis of such a scenario does sound liberating. But is it really that simple? Will everything simply go back to being debt-free and, well, “normal”? Will you end up hitting a proverbial reset button and restarting your life?

Find out in this incredible video.

Source: Stuff They Don’t Want You To Know – HowStuffWorks. “What would happen if the world’s debt disappeared?”. YouTube. Published on Jul 9, 2016.

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