With the deadline to raise the U.S. borrowing limit less than two weeks away, you might be thinking about what to do with your money if the U.S. government defaults on its debt.
Financial Planning Tips for a U.S. Debt Default
Posted by
MMarquit under News
From http://www.theatlanticwire.com 4670 days ago
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Comments
4670 days ago
Nobody knows less about the economy than I do - but there's NO CHANCE they're going to 'shoot themselves in the foot' by defaulting. There's too many 'creative' solutions - like juggling the books, printing more money, adjusting the prime interest rate, or just simply raising the ceiling (again).
Imagine their chances of re-election when the whole financial world comes tumbling down because they actually let it default. I Don't see it happening - except in Jerry's 'Bizarro' world.
Duncan