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May 28, 2005

What If We Did?

-- by Dave Johnson

Sean Paul at the Agonist wants to know. "What do you believe would be some of the real world effects of a US default on its debt?"

Go leave a comment, or leave one here.

Posted by Dave Johnson at May 28, 2005 6:14 PM

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Comments

We may already have:

http://www.financialsense.com/fsu/editorials/kirby/2005/0318.html

Like the world trade center, the structure of the economy falls down and we spend the next twenty+ years building it back up again. People worry their children are being spoiled? Don't worry, the ones still around by the time they're our age will be as tough as our parents ever were.

Posted by: brodix at May 29, 2005 8:30 AM

John Bolton and the American Enterprise Institute would herald it as a stroke against terror, and the mainstream media talking heads would agree in chorus.

Posted by: kelley b. at May 30, 2005 6:37 PM

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