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|User Info||Ireland ‘could default on debt’; entered at 2009-02-17 10:42:23|
Registered: 2007-08-26 East Tennessee Eastern Time
Who the hell knows. But if deposits are taken away from the people, there is no real alternative to civil war. The government won't get a chance to spend them.|
No country in the world would stand for that. Not even china/NK. There would be absolutely BRUTAL attempts at control, but in the end, they couldn't win. Although, in at least china's case, I doubt enough people keep money in the bank to actuall cause a full scale revolt, though there would be some localized ones.
Doing that would mean anybody who trusted the banks with their FOOD money will starve. Starving people will do anything neccesary to feed their family and being willing to die is one of the lesser things they would be willing to do.