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Vendot · 07-24-2011, 09:08 AM

Dont get me wrong, I liked Winehouse too and im sorry she's dead but im back to being concerned about my bank balance so im also worrying my dollar holdings.

Is a US default inevitable? We all know the limit will be eventually raised but the point is, will this enable the problem to be solved ultimately?

What will a US default look like? Will it look like the collapse of the soviet union, will America start looking as a grey and dreary as the old parts of soviet Russia?

Im anticipating that a default would be bad for most things but possible good for Gold bugs? Am I right?

07-24-2011, 09:08 AM
Vendot Confirmed User Industry Role: Join Date: May 2002 Location: Malaysia Posts: 3,376	What Happens If The USA Defaults? Dont get me wrong, I liked Winehouse too and im sorry she's dead but im back to being concerned about my bank balance so im also worrying my dollar holdings. Is a US default inevitable? We all know the limit will be eventually raised but the point is, will this enable the problem to be solved ultimately? What will a US default look like? Will it look like the collapse of the soviet union, will America start looking as a grey and dreary as the old parts of soviet Russia? Im anticipating that a default would be bad for most things but possible good for Gold bugs? Am I right? Last edited by Vendot; 07-24-2011 at 09:11 AM..