re: #56 Obdicut

What can happen, what did happen before, is that our credit, the available money in the economy, can become tied up in toxic assets and frozen, unable to move.

I think I am wondering . .

—if we HAD to stop all foreign aid including charitable conributions.
—if individuals/corporations couldn’t pay the interest on loans to overseas banks/individuals
—if we quit buying stuff from other countries.

I realize a lot of this couldn’t happen in a “black and white” manner, but what would such a squeeze do to the rest of the world?