Geithner Says Default Damage May Be ‘Irrevocable’ - Bloomberg
This is nonsense and only serves to allow Democrats to keep hiding from their responsibilities. Under the current interventionist system of US government, it will only be a matter of time before the USA defaults on its obligations. The Democrats, who refused to present a budget last year or have allowed the feckless Obamessiah to kick the can down the road with his completely worthless budget have steered the nation towards driving it off of a cliff. Either take a little pain now or it will be much much worse very very soon afterwards.
Geithner Says Default Damage May Be ‘Irrevocable’ - Bloomberg
1 Comments:
It will fail and the currency will be revalued.
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