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    What happens when we hit th debt ceiling in August

    +1  Views: 459 Answers: 4 Posted: 14 years ago
    Tags: us economy

    4 Answers

    The U.S. won't be able to pay the interest it owes to other countries, so the dollar will become worthless. Inflation will skyrocket, and the economy will colapse. We can only hope :)
    Americans can expect “seriously bad consequences.”
    we will be chewing on our currency ..the gold mongers will be kings.. the lights will be out, looters will prevail until national guard comes in .. then the'll be joing us in fighting fema to sees who eats the now defunt constitution, which will then be written in chinese!!
    I'm beginning to think it doesn't matter anymore. What we need is "Change" .... Oh wait ... isn't that what we just voted for a couple years ago???


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