whichphilosophy
Contributor
- Joined
- Jun 10, 2004
- Messages
- 6,803
- Basic Beliefs
- Energy is itself a Life form
The US is nowhere near that point. You might as well worry the effect of a giant meteor hitting the planet.If the US reaches a point where it defaults then the value of its bonds will decease as it cannot repay these.
Currently but concerns would relate to the future based on current trends at about US$3,506.00 per second and rising.