[curiosity]

And yes, even if the cuts Ryan has proposed occur, we are vulnerable to defaults because of credit derivatives that can still bring down the financial system in the US.

Which credit derivatives? Do you even know what a credit derivative is?

Add in the FED monetizing the debt and buying Treasuries to fund the government, it is a house of cards ready to fall.

Dude. The Fed always increases the money supply during recessions. This is nothing new.

[TruthConquers]

http://www.zerohedge.com/article/exclusive-bill-gross-now-short-us-debt-hikes-cash-73-billion-all-time-record

Ah, your one the FED rent boys who think that everything will be rosy.
So why is Bill Gross betting against US Treasuries?

[Toddsterpatriot]

Do you even know what a credit derivative is?

She really doesn't. She is good at repeating the panic.