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If US defaults on its debts will banks in the US collpase?
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I hope the whole banking system will crash, it will be a good reminder of who really 'feeds' us, it's time to get back to a real GDP rather than the 'digits' made by crooks and speculators.0
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Blame the voters. The Republicans can reasonably say that the voters didn't give them a House majority just so the President could push them around.jumperabv3 wrote: »This is really not funny and the guys in Washington just take it easy, they should stay awake all night and get a solution and they shouldn't be allowed to go home until a solution is declared...
:mad:
The destruction of US industry has produced an ugly mood. Too many parallels with Germany in the twenties and thirties."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
wait for a last minute agreement, the US will not default it will harm both parties as well as have a massive global impact. the Republicans will find a away of supporting Obama they have to no choice really.0
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If the US default, then China will be the a world super power, over night- I would assume.“Washing one's hands of the conflict between the powerful and the powerless means to side with the powerful, not to be neutral. ”
― Paulo Freire, Pedagogy of the Oppressed0
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