Wiping away your debts wouldn't horribly destroy the credit bureaus, and short of the 1% rising up I doubt there would be civil war. Lending did not stop in anc

Wiping away your debts wouldn't horribly destroy the credit bureaus, and short of the 1% rising up I doubt there would be civil war. Lending did not stop in ancient palestine due to Jubilee, if anything it provided a pressure relief in the form of a second chance where everyone was equalized in assets. Circling back to an uprising by the 1%, I'd be impressed if there weren't sufficient people ready to quell the rebellion, as it is in the interest of the vast majority to have a Jubilee year. If it is not in the interest of the majority of people to have a Jubilee, then wealth is likely not significantly stratified.