Zimbabwe's experience with kicking out the white farmers and seizing their land for redistribution.

submitted by Chipit from i.redd.it

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[–]AnarchySpeach 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The "loaned" money was created out of thin air.

Most money is. An "IOU" has been a valid form of payment for hundreds of years.

banks can write down/off their losses, or give themselves a loan and go bankrupt

You're saying it like the Banks would comply without a fight. lol