I have T-bills. What happens if the U.S. defaults?

Discussion in 'Economics' started by wilburbear, Jul 14, 2011.

  1. the fact that default is even being talked about is a disgrace, and a testament to the fact that the pols are dickwads, and obama is an incompetent shoe salesman.
     
    #41     Jul 16, 2011
  2. zdreg

    zdreg

    he may be an incompetent shoe salesman but he is still a great salesman because the american people elected him as president.
    because you live in the US he has the power to make you his slave by taxing you to death and/or making your money worthless,
     
    #42     Jul 16, 2011
  3. They also have to keep some people hired to cut the checks and some postmen to deliver the checks and some air traffic controllers so the checks delivered by jet can get there and some military so to protect the process and the electricity and upkeep on the buildings where the checks are being cut and the accountants to keep track of the payments and and and...
     
    #43     Jul 16, 2011