What would happen if the Governments/Nations of the world collectively decided that they refuse to pay back the World Bank, IMF, etc. and to start their own National banks? What if it were only the US or another large power? 
What would happen if the Governments/Nations of the world collectively decided that they refuse to pay back the World Bank, IMF, etc. and to start their own National banks? What if it were only the US or another large power?