« previous next »
Pages: [1]   Go Down

Author Topic: What if the US defaults?  (Read 472 times)

0 Members and 1 Guest are viewing this topic.

Offline serbian army

  • Master JTFer
  • ******
  • Posts: 2326
What if the US defaults?
« on: October 10, 2013, 11:47:57 PM »
Is this a good thing? We would no longer borrow so much...Or will this mean-financial collapse? Maybe the end of dollar?
Logged
Serbia will never surrender Kosovo to the breakaway province's ethnic Albanian majority or trade its territory for European Union or NATO membership,

Offline briann

  • Silver Star JTF Member
  • ********
  • Posts: 8038
  • Mmmm HMMMMM
Re: What if the US defaults?
« Reply #1 on: October 11, 2013, 12:22:14 PM »
The US wouldn't default unless all other options were exhausted...  It will be a very slow process.... kinda like a person who has maxed out all their credit cards... and is trying to bum money off every friend and relative they can find.... so I would give it about 15-20 years.... and when it happens.....  catastrophe is an understatement.

Logged
Pages: [1]   Go Up
« previous next »