Will U.S. Default like Greece?

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  • vyomguy
    SBR Hall of Famer
    • 12-08-09
    • 5794

    #1
    Will U.S. Default like Greece?
  • Iced
    SBR MVP
    • 01-04-11
    • 1614

    #2
    Eventually. Not in the immediate future though.
    Comment
    • neverstoppers23
      SBR Hall of Famer
      • 11-26-09
      • 6302

      #3
      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
      Comment
      • jarvol
        SBR Hall of Famer
        • 09-13-10
        • 6074

        #4
        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.
        Comment
        • neverstoppers23
          SBR Hall of Famer
          • 11-26-09
          • 6302

          #5
          Originally posted by Iced
          Eventually. Not in the immediate future though.

          I will give you 10,000/1 odds united states ever defaults while I am alive.
          Comment
          • Iced
            SBR MVP
            • 01-04-11
            • 1614

            #6
            Originally posted by neverstoppers23
            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.
            Comment
            • SportsMushroom
              SBR MVP
              • 09-28-10
              • 4177

              #7
              greece has not defaulted, it received a bailout from Europe

              I wonder who is gonna bail out the US since everybody hates you
              Comment
              • jarvol
                SBR Hall of Famer
                • 09-13-10
                • 6074

                #8
                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.
                Comment
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