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Question by Julius: What will happen to secured loans after the dollar crashes?
What will happen to secured loans after the dollar crashes? Banks will shut down with everything else. I know there will be even more pressing issues,,, Will banks forclose, reposes and call in loans even if we have worthless paper $ to pay on the loans? I am trying to get an idea of what to expect to happen (if and) when we pull out of the inevitable disaster.

Best answer:

Answer by Max Stanton
The banks will call the loans, foreclose etc etc.

They, banks, tend to do this sort of depression/recession thing twice every century. Sometimes they go for a third shot, but usually it’s twice.

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