afaik savings will be transferred to new system 1:1 - no-one loses.
Of course, those with high debt will make out the most. That's a price I'm happy with if it puts the world back on course (I have a mortgage, but everything else I pay for with earnings, not credit).
afaik savings will be transferred to new system 1:1 - no-one loses.
Of course, those with high debt will make out the most. That's a price I'm happy with if it puts the world back on course (I have a mortgage, but everything else I pay for with earnings, not credit).
that's not how economics work