[the invisib1e hand]

so what. so it defaults? it's like "the downgrade." life goes on afterwards. The debt gets written down, the taxpayers cover the losses, the economy goes in the take -- either way.

It's just a formality. In fact, a default would simply bolster Lagarde's case.

[tcrlaf]

The USA is on the hook for around 60-100 Billion Dollars if Greece defaults, thanks to Obama’s loan assurances.

[SERKIT]

EuroZone (European Zone) = Greece = broke
O-Zone (Obama Zone of Influence) = USA = broke