1. 08-08-11 07:52 PM #1
    vyomguy
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    Will U.S. Default like Greece?

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  2. 08-08-11 07:55 PM #2
    Iced
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    Eventually. Not in the immediate future though.
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  3. 08-08-11 07:56 PM #3
    neverstoppers23
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    there is about a 0 percent chance of the united states defauling, the more and more I read I think the S.P downgrade was complete bull shit. Based on politics, more then anything. Really I mean we are AA+ while France who has major structural problems is AAA
    Makes 0 sense, like Warren Buffet said, USA should be AAAA
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  4. 08-08-11 07:56 PM #4
    jarvol
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    Well.....Greece hasn't defaulted. The ECB is just buying their ridiculous debt out of thin air with a fiat currency just as the FED has been doing with US treasuries.
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  5. 08-08-11 07:57 PM #5
    neverstoppers23
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    Quote Originally Posted by Iced View Post
    Eventually. Not in the immediate future though.

    I will give you 10,000/1 odds united states ever defaults while I am alive.
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  6. 08-08-11 07:59 PM #6
    Iced
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    Quote Originally Posted by neverstoppers23 View Post
    I will give you 10,000/1 odds united states ever defaults while I am alive.
    What a terrific timeline. Your finite life that could end any day.
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  7. 08-08-11 08:00 PM #7
    SportsMushroom
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    greece has not defaulted, it received a bailout from Europe

    I wonder who is gonna bail out the US since everybody hates you
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  8. 08-08-11 08:18 PM #8
    jarvol
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    Most every debtor nation is going to default unless they embrace Social Darwinism, which the majority of Western Whiteys seem too weak-minded to do. Every country in Europe with the possible exception of Germany, the Netherlands and maybe the Nordics will default. And yes, the US will default as well. Japan and China gonna get screwed.....and the Chinese won't take kindly to that. So after they bomb the fukk out of some people there will most likely be a New World Order with one global currency....and that currency nor decision making is going to come from Washington or Brussels.
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