On Jan 19, 2012, at 11:05 AM, Jordan Hayes wrote:
> Doug writes:
>
>> I'm talking jubilee.
>
> Well, you might be alone then :-)
David Graeber, where all this started. E.g.:
http://rs79.vrx.net/opinions/ideas/economics/jubilee/
The only viable strategy is the biblical concept of jubilee, the re-balancing of everything. The Saudis just did it, that was their reaction to the Arab spring. They simply canceled all debts.