>>4471283
I share your concern about fairness. Although one-time seizure of assets has happened before in some countries, so I suppose there is a precedent for something like this (on the opposite side of the fence) even if it's not really fair, if it's thought to be a system jolt needed for some greater cause.
But I wonder if the rumors of "100% forgiveness of all debts" might be a cabal-seeded meme so anything less is seen as a disappointment to those anticipating the storm.
Putting some other ideas out there:
Debt forgiveness of collectively held debt (like the federal debt) would lift a burden from everyone. (But then, what about people who are depending on Treasuries for their retirement? Seems unfair to take away their retirement because they chose a seemingly federal backed investment vehicle. Would go against the principle of the US honoring debts established from the revolutionary war era.)
Debt forgiveness might be limited to some dollar cap, so it's not seen as a giveaway of mansions to people who plunged into extreme debt.
There could be some shocking revelations of new technology that benefits everyone (cancer cures, antigravity, etc) … things so monumental that no one really cares anymore about the unfairness of a blanket debt forgiveness, because everyone comes out so much ahead.
But it would be a problem if people who lived on beans & rice to not go into debt, see all their sacrifice and prudence erased by the federal government basically giving a huge cash bonus that's only available to people who lived above their means and went into debt.
(If the shoe was on the other foot, if the bonus was only available to wealthy people, then the people who are in debt would understand the problem more clearly. We want a financial reset where EVERYONE benefits, not just some select part of the population.)