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

Started Oct 10, 2013 | Discussions thread
vadimraskin
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Re: What's the worst that could happen if the US defaults?
In reply to 28to70, Oct 13, 2013

28to70 wrote:

Well, someone is right. The Dollar would become worthless. It's now worth 5 cents. Some of you that have stocks, bonds, pensions, and for the really stupid people that have a savings account, your money will buy absolutely nothing.

Except for a few realists in Congress and Ron Paul and Paul Craig Roberts, who propose ending the Fed, pulling out of Iraq and Afghanistan, closing 95% of our overseas bases, bringing back gold and silver as a medium of exchange, eliminating waste, go to a flat tax, and.... any more ideas?

Well, guess who did this? Guess who reset the red button? The Soviet Union!

Hmmm...

We have been out of Iraq for what, two years now and by 09/14 we will be out of Afghanistan and Soviet Union has been dead for almost 25 years. Have you been hiding under the rock, counting your silver and gold coins?

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