GOLDBUGS AMEX Goldbugs Index (GOLD): Do you think that America's creditors wi...

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Re: Montanore post# 23851

Monday, 08/08/2011 2:25:25 PM

Monday, August 08, 2011 2:25:25 PM

Do you think that America's creditors will let the USA just walk away from a US$ crash and burn?
Just let the US wash its hands of it all, and say 'Sorry. Tough" ?

I don't think so. China will want its money back and it will get it one way or another. So Washington will have to be very careful.

Starting again 'from scratch' is no going to happen.

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