What happens if the USD loses its reserve currency status...

Discussion in 'Economics' started by Mvic, Mar 15, 2008.

  1. No, its the countdown to where the admitted debt hits the unfathomable sum of $10 trillion, where even schoolchildren will be able to see we are bankrupt.
     
    #21     May 28, 2008
  2. gnome

    gnome

    Ooohhh... not much time left. Already $9.5T, right?

    That's about $33,000 in OFFICIAL debt for every US citizen... not counting the "off budget" and other obfuscated items.
     
    #22     May 28, 2008