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1) The loans that are being discussed are not owned by private banks, so even if 100% were defaulted there would be no bailout of banks needed. 2) There are no
by IncRnd 9y ago
1) The loans that are being discussed are not owned by private banks, so even if 100% were defaulted there would be no bailout of banks needed.
2) There are no blood debts in the US. Debts are NOT passed on to heirs like property.
- krapp 9y ago>2) There are no blood debts in the US. Debts are NOT passed on to heirs like property. Not yet, but given the steady rightward shift of American politics I can see it happening in the future.