Quote:
Originally posted by Fruity
Lol this is ******** the markets are just going to take a 1 day hit and that's it.
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That's not how economics works. Its going to be a lasting depression. America wont be trusted again. When your money is the currency of the world you are in a trusted position. You break that trust, it's hard for people to trust you again. They won't risk it.
First it starts off as the stock market tanking. Then the money flees the United States. The banks start cutting off lending etc....