Tuesday, November 8, 2011

Debtor's Revolution: Are Debt Strikes Another Possible Tactic in the Fight Against the Big Banks?

DUH? "What does it mean to stop cooperating with the banks? Some activists, organizers, and technologists think the answer might be mass refusal to pay debts."

Of course striking on your debts would harm them my blocking liquidity and preventing them from leveraging their reserves towards more income creation.

I say treat the banks, as a business, with the same respect they've treated you with. Namely: Your bottom line comes first.

Read more:

Debtor's Revolution: Are Debt Strikes Another Possible Tactic in the Fight Against the Big Banks?

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