Search SEARCH

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
 
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Jobs.Quick-com
Click. Search. Apply. Free!
www.JobDiagnosis.com
Jobs hiring near your local area. Part-time, Full-time, Work at home.
www.HiringLocally.com
Get Your Degree Online Sooner than You Think. Financial Aid Options
Degree-Accredited.com/Degree

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...
3 answers - Asked By: drop pants not bombs!.♥ - 3/2/2010
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...
4 answers - Asked By: bayebd24【ツ】 - 11/21/2007
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...
1 answers - Asked By: roseparkerly - 1/26/2009

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.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
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 Article Rating
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.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-212
eTrustLogo