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throe37848

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You need to be also handle "origin" or "flavour" of money. Future governments may place various sanctions and limitation on money. So green dollars will be better, Russian dollars not so great and so on. Some money may be owed to local VIP, and should not be confiscated... All that may be mixed on single bank account.

But money would not disappear, money would go into universities and education! It will fund new campuses, research, stipends...

Imagine how many students from Africa could study at US universities, if all student loans were repaid. That could really restart economy!

Government has good ways to collect money. For child support debt it can confiscate driving license, passport, throw people into jail... Or even prevent people from quiting their jobs! University educated people have money!

I knew guy who made "generated" text books in 2010. He would absorb several articles, and loosely stitch them into chapters with some computer scripts and from memory. In a week he would produce 400 pages on new subject. It was mostly coherent and factual (it kept references). Usually it was the only book on market about given subject (like rare disease).

Current auto generated garbage is very different.

Does USA even have civilian dry docks to build ships? I thought everything was outsourced to Korea.

I know it can build military vessels, but at horribly slow pace. Australia will get their nuclear submarines some time in 2040. I can not imagine building civilian nuclear ice breakers in US.