Iceland is a complete mess by the way, and this post is idiotic.
The debt ceiling will be raised because there aren’t enough conservatives to stop it. The problem isn’t “international bankers”, it’s citizens in the West (Europe led the way) voluntarily opting for socialism. Period.
Indeed. Leave the debt to the kids.
The pentultimate in weakness, slithery sleaziness and neglectful abuse.
Let’s figure out who’s debt it actually is.
btw. a default would kill your stockmarket for a while.
But, is there a Chinese Apple to take its place?
I do not think so.
So, the good American businesses will survive and thrive.
Don't know about a couple of decades. To my knowledge, no other country has carried a now 18 trillion dollar obligation.
I don't even know if there is 18 trillion dollars in this world, let alone a chance it will ever get paid back...I' think the world is going to wake up sooner rather than later.
Raising the debt ceiling had nothing to with paying/not paying the interest of outstanding US T-bills. Default was never going to happen. It was a lie and you bought into it.
All republicans have done was to agree with democrats to open a new, higher limit MasterCard to pay the interest on the Visa, while still going to shows and the movies and out to dinner.
It seems to me that I read where American personal debt was decreasing about the time that Obama ramped up the dollar printing presses into high gear.
Your post will upset the brainless Neo-Con Trotskyites here on FR who believe that everyone should pay off the debt run up by the leftist politicians, the thieving fascist banks and corporations and the EBT obumaphone crowd.
Good luck.