So what’s the big deal with Uncle Sam and all our debt….let’s just default….
The concern is that default could create the same sort of global panic today. Dark visions are evoked of the president declaring a national emergency, Federal Emergency Management Agency plans locking into place, camps being readied for protesters, and the secret government taking over …
Pick up the rest of this story over at Asia Times…
These are clearly most disturbing economic and political times….are we just going to keep slogging along or is something dramatic on the horizon? Now read an alternate theory about how our government debt may be functioning…..The Web of Debt