What's the worst that could happen if the US defaults?

Started Oct 10, 2013 | Discussions thread
jonrobertp
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Re: What's the worst that could happen if the US defaults?
In reply to vadimraskin, Oct 12, 2013

All they are doing in Washington is kicking the can down the road.   It will catch up someday..maybe sooner than later.  Look at other countries with collapsed currencies in history...Germany after WW2,  Vietnam...they all took a fair while to recover...ball park 15-30 years ?   And what lessons were learnt from history ?   donno...but real estate, gold, moving to another country come to mind.

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