I feel violated.

[East Coast Hustle]

It would be worth the hurt to pull that off.

Absolutely.

It's pretty low-risk, too. People get late on payments all the time, and all that happens is they get charged late fees.

Get a few million people to all deliberately be late at once, and refrain from buying stuff, and the whole system goes tits-up practically overnight.

Yep.

If you owe the bank $10,000, that's your problem. If you owe the bank $10,000,000, that's the bank's problem.

[LMNO]

It would be worth the hurt to pull that off.

Absolutely.

It's pretty low-risk, too. People get late on payments all the time, and all that happens is they get charged late fees.

Get a few million people to all deliberately be late at once, and refrain from buying stuff, and the whole system goes tits-up practically overnight.

What's preventing this from happening?

Collective Risk Aversion. The average monkey sees the short term over the long term.

I mean, if it was that easy to change behavior, there would be no man-made global warming.


In other words, EVERYTHING DEFAULTS TO MAIN.

[Mesozoic Mister Nigel]

It would be worth the hurt to pull that off.

Absolutely.

It's pretty low-risk, too. People get late on payments all the time, and all that happens is they get charged late fees.

Get a few million people to all deliberately be late at once, and refrain from buying stuff, and the whole system goes tits-up practically overnight.

What's preventing this from happening?

Nothing at all. In fact, it should happen now. All that needs to happen is for the word to get out, for a month to be chosen (any month but December, really; too much cultural pull to buck Christmas) and for enough people to not be afraid to participate. The world won't stop. We won't be cast into mayhem, which is what the 1% want people to think. There will simply be a brief and dramatic restructuring, and all of a sudden the people who were on top won't be on top anymore, while the people on the bottom will suddenly find themselves released from the crushing pressure of debt.

They can declare a state of emergency, but they can't actually MAKE us shop or pay our bills on time.

And your neighbors don't even have to know. It's a completely silent, invisible protest. In order for the system that fucks us over to continue to function, it requires that we buy into it. But we don't have to.

[Anna Mae Bollocks]

This is so simple, it's fucking BRILLIANT. 
Shouldn't be hard to get people not to make payments, most people have trouble doing that anyway. The only snag I can see is getting them not to BUY STUFF^TM.

[LMNO]

EVERYTHING DEFAULTS TO MAIN.






He repeated.

[AFK]

It would be worth the hurt to pull that off.

Absolutely.

It's pretty low-risk, too. People get late on payments all the time, and all that happens is they get charged late fees.

Get a few million people to all deliberately be late at once, and refrain from buying stuff, and the whole system goes tits-up practically overnight.

What's preventing this from happening?

Collective Risk Aversion. The average monkey sees the short term over the long term.

I mean, if it was that easy to change behavior, there would be no man-made global warming.


In other words, EVERYTHING DEFAULTS TO MAIN.

But there is also the issue of dependents.  It's easy to risk when it is just you, but when there are others under your roof as well, the primal directive to provide kicks in.

[Mesozoic Mister Nigel]

Minimal risk to participants, in the form of late fees and a late pay blip in your file (and that only if it didn't work). Mortgage payments aren't usually even recorded as late in your credit record unless they're over 30 days past due.

It wouldn't take 30 days, if enough people participated. And if they don't... you still have your money, you pay your bills with it, everything returns to business as usual.

[Freeky]

There is a grain of a point in RWHN's argument, but I think the "primal directive to provide" is a lot more different than buying MOAR STUFF.  So much shit is shoved into our face while advertisements scream "FUCKING BUY THIS, YOU NEED THIS, YOUR CHILDREN NEED THIS, YOUR CHILDREN'S CHILDREN WILL NEED THIS, YOU ARE FUCKINGED FOREVER IF YOU DONT BUY THIS" and it's borked people's sense of what they need.

[AFK]

That definitely is true. 

[Pope Pixie Pickle]

I still think America^TM DESERVES a Scottish restaurant chain.

This gives me hope. 

it would be GLORIOUS. I love me some haggis. Not so sure about deep-fried Mars bars tho.