What exactly would happen if US defaults?
What exactly would happen if US defaults? Is it like the end of the world or something?
Asked By: - 7/29/2011
Best Answer - Chosen by Asker
The most dire things following from a default (which few people are talking about) could be... More
Answered By: ßIИGΟßOИGO - 7/29/2011
Additional Answers (4)
No idea but the Aussie dollar is going to keep going up..
Answered By: Panda Bear - 7/29/2011
billion or trillion of dollars will be burned out because markets will crash
Answered By: meow - 7/29/2011
it's not "IF" the U.S. Defaults.. at this point it's "WHEN" the U.S. Defaults.. even if we find funding to keep us hanging on for a little bit past Aug 2nd we are Still too deep in the Hole to prevent it from happening, all we can do now is buy time.. if even that.. The U.S. economy has pretty much been found to be a... More
Answered By: Rachel - 7/29/2011
The US of A would be broke.Regular Americans will suffer from inflation and high interest rate. The assets would be forced on sale by auction. People will lose jobs and income. Only cheaters can enjoy life.
Answered By: Anjaree - 7/29/2011
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Click. Search. Apply. Free!
Jobs hiring near your local area. Part-time, Full-time, Work at home.
Get Your Degree Online Sooner than You Think. Financial Aid Options
Other Career Questions
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.