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7 Debt-Default Doomsday Scenarios

Thursday, October 10, 2013 - 8:13 PM
From finance.yahoo

     "The worst of the doomsday scenarios painted by economists involve an
      outright depression, as the effects of missing a debt interest payment
      cascade through the economy, financial markets and ultimately to Main
      Street."

Read more:
4
cumuluscumulus331 posts since
Jan 16, 2010
Rep Points: 1,560
1. Friday, October 11, 2013 - 9:47 AM
"Worst case scenario"? DHS may be already prepared:

Is Homeland Security Preparing for the Next Wall Street Collapse?
3
ShorebreakShorebreak2,607 posts since
Apr 6, 2010
Rep Points: 14,128
2. Friday, October 11, 2013 - 10:07 AM
Oh my goodness!  They finally took all my emails seriously!  It doesn't take much brains to know what will happen if those braindead idiots in Washington don't find a way to resolve this problem before those checks can't be mailed out.  It's now a "will they or won't they".  This morning news said Congress has an 18% rating from Americans!  "I" could get higher than "18%" and no one even knows me!
3
paoli2paoli21,369 posts since
Aug 10, 2011
Rep Points: 6,000
3. Friday, October 11, 2013 - 1:26 PM
I just went on my local Senator's webpage and found this notice in red:

"Due to recent threats, security screening of mail delivered to our office has been heightened"

Are our good citizens so enraged that they are actually sending threats to their politicians?  Not that it will make them undo the mess they have made by the Shutdown and ensueing Default.  At least I am not the only one angry and concerned. I am just not so stupid as to "threaten" them. 
1
paoli2paoli21,369 posts since
Aug 10, 2011
Rep Points: 6,000
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