Thread: Economy Connoisseurs: is the US going to default?

Well, although the US didn't default on its debt, it still lost its triple A credit rating. It has now been downgraded to AA+.

Originally Posted by Heavy Sleeper

Well, although the US didn't default on its debt, it still lost its triple A credit rating. It has now been downgraded to AA+.

do you think that matters anything at all?


I can give 7 stars and a smaller moon to a stable and call it a hotel

and I can take down all stars from an expensive hotel in Dubai


it doesn`t change anything

it`s like when you go to college to learn marketing and economics, and you are thaught and evaluated by people who are flat broke and know nothing about it, except from books

I can read books about skydiving, does it make me fly like superman???

Originally Posted by hpnfreak

do you think that matters anything at all?

it doesn`t change anything

It does actually. The US may now be viewed as an unsafe place to invest, which could have a bad effect on its economy and the world's financial markets. China is apparently now saying that the global reserve currency should now be changed from the US Dollar to a more stable currency.

Originally Posted by Heavy Sleeper

It does actually. The US may now be viewed as an unsafe place to invest, which could have a bad effect on its economy and the world's financial markets. China is apparently now saying that the global reserve currency should now be changed from the US Dollar to a more stable currency.

it`s not up to you to care about such things, you are only scared because you have a job and your parents only thought you one thing, to work for others

take care of yourself, that`s more than enough




and by the way, we haven`t reached the bottom ... yet

http://www.dowgoldzoom.com/images/dow_gold_zoom.pdf

another drop is inevitable before 2012