[whitedog57]

I think the USA may indeed default thanks to Obama, Murray, Reid and the rest of the clowns.

[SkyPilot]

I hope Congress and the Administrations doesn’t pull a “Cyprus” and start wealth confiscation in the form of bank deposits, 401K plans and similar.

They will seize 401Ks - they need the financial panic and the right crisis to do so. They will give everyone "bonds" for their 401Ks.

This will happen.

[LostInBayport]

We know that the USA suffers from a fragile economy with runaway government spending and debt.

And then there's Obamacare, that malevolent virus that will be in full force by early next year. That ought to really kick things up a notch. So glad the Republicans kept the House so they could defund it...oh, that's right. Boehner didn't let that amendment get to the floor.

http://washingtonexaminer.com/house-conservatives-gop-leadership-killed-measure-to-defund-obamacare/article/2523889

[vbmoneyspender]

When they say we are at risk of default, are they saying we may run out of paper and ink?

[familyop]

"The US has a probability of defaulting on its debt of 2.59%."

LOL!

[Caipirabob]

I remember Brasil going through radical economic death spirals. Currency devaluation and other horrible economic disasters. 20 plus years later since I saw the first rounds of this. Now Brasil has stabilized their currency and...Obama has turned US into Brasil.

[Pollster1]

Still only a medium risk? It’s a good thing Obama has four more years to finish the job. He’ll get us to full default with a 100% guarantee - that’s the real Change he promised.

[Graewoulf]

Impeachment File on B. Hussein Obama.

[CodeToad]

It is hard to default when you can print money through illegal money laundering schemes.