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To: HiTech RedNeck
"If the US goes “bankrupt” before the world, the world can’t actually do anything to get something back unlike an actual bankruptcy. The world will simply be stiffed. What that would look like, I cannot imagine."

Wanna bet? You'll need a suitcase full of money to buy a loaf of bread. Imports? forget it. Exports? They'll be very cheap. We'll become the "China of the west" working our butts of for what amounts to pennies a day compared to other currencies, and producing cheap junk- Government Motors cars etc. for the world.

39 posted on 08/31/2009 9:26:36 AM PDT by Nathan Zachary
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To: Nathan Zachary

“We’ll become the “China of the west” working our butts of for what amounts to pennies a day compared to other currencies, and producing cheap junk- Government Motors cars etc. for the world.”

That appears to be our “leader’s” goal and for some time now.


65 posted on 08/31/2009 4:30:27 PM PDT by Favor Center (Targets up! Hold hard and favor center!)
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