Mencius Moldbug lays out a simple sovereign bankruptcy procedure — I’m not sure I’d call it simple, by the way — for restoring modern political states to the way they were a century ago, during the Belle Époque:
This implies that in two years, (a) all systematic criminal activity will terminate; (b) anyone of any skin color will be able to walk anywhere in any city, at any time of day or night; (c) no graffiti, litter, or other evidence of institutional lawlessness will be visible; and (d) all 20th-century buildings of a socialist, brutalist, or other antidecorative character will be demolished.