An end to the world crisis?

If you’re working for a company, for example, and you feel something is wrong (or something is wrong), going on strike, on your own, doesn’t actually work very well. In fact, you are likely to be sacked.

That’s why Unions were born. With Unions, all the people go on strike, meaning that it is not good for the owners of the company. Therefore, the idea being that the owners of the company and the Union come to some sort of agreement.

But it doesn’t seem to work in all circumstances and there are risks, of course.

But I was just wondering, if we think of a country as an individual and think of the owners of the company as the banks (and, therefore, the money markets) ……….

What would happen if all the countries got together and said that they had all decided not to pay the debts – i.e. they went on strike?

I mean to say, if one country does it, they have a rough time for a number of years. But if every country did it, all at the same time?

Doesn’t bear thinking about, right?

Or, maybe it should bear thinking about?

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