Financial Crisis today..solution?

So as we follow the financial crisis of today and wonder where this is all going, I read an interesting article that had a solution so simple, at least in theory but would take a major shift in beliefs of the leaders of the United States..
The Old Testament book of Leviticus reads:

Leviticus 25:8-11 (Contemporary English Version)

The Year of Celebration

The LORD said to his people: ⁸Once every forty-nine years ⁹on the tenth day of the seventh month, which is also the Great Day of Forgiveness, trumpets are to be blown everywhere in the land. ¹⁰This fiftieth year is sacred--it is a time of freedom and of celebration when everyone will receive back their original property, and slaves will return home to their families. ¹¹This is a year of complete celebration, so don't plant any seed or harvest what your fields or vineyards produce.

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Wiki Commentary:
The biblical regulations concerning the Jubilee year form part of the Holiness Code, which appears in the Torah as part of the collections of laws given on Mount Sinai or Mount Horeb.

The biblical requirement is that the Jubilee year was to be treated like a Sabbatical year, requiring the compulsory return of all property to its original owners or their heirs.

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So therein lies the solution... what if the US returned to the ways of the old testament and followed God's solution to debt. What if we got on our knees and prayed and this was the solution. Start with a clean slate. No debt, instead of more debt, which is the solution today... something to think about. Let me finish with this scripture which directs us to do just that:

2 Chronicles 7:14 (NIV) ¹⁴ if my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then will I hear from heaven and will forgive their sin and will heal their land.

"In the end, the only way out of all this global dept may prove to be a biblical dept Jubilee..."Ambrose Evans-Pritchard (London's Daily Telegraph)

Is he on to something? What do you think? I'd love to hear your thoughts. I thought this was a great solution to two problems... getting out of debt and following God's plans...

~Gil