Sort:  

Wouldn't count on it. It would kill the pension funds, insurance companies and retirement plans that hold the debt. Maybe hyper inflation (from QE on steroids) after we see a wave of defaults. Similar effect, but not a direct cancellation of debts.

Coin Marketplace

STEEM 0.23
TRX 0.21
JST 0.035
BTC 98664.10
ETH 3346.86
USDT 1.00
SBD 3.16