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Theoretically we sign a law to remove it tomorrow, but practically it’s completely impossible. The financial industry would never allow it, and would spend bil
by SkyMarshal 4y ago
Theoretically we sign a law to remove it tomorrow, but practically it’s completely impossible. The financial industry would never allow it, and would spend billions defeating both the law and any politician who even remotely supported it.
- polygamous_bat 4y agoNot because there will be billions spent, but because such a law would be extremely unpopular. Try convincing people that any option for your home loan and your car loan won't exist anymore (those are leverage too!) and see how happy they are.