Will America Default?

[DimPrawn]

How do you mean?

Something will go up and something will go down. Don't know what or when, but if I did I would buy the thing going up and sell the thing going down.

Just need to work on the details....

[suityou01]

Something will go up and something will go down. Don't know what or when, but if I did I would buy the thing going up and sell the thing going down.

Just need to work on the details....

You're an ideas man and not a detail man though

[DimPrawn]

You're an ideas man and not a detail man though

sasguru will tell me the details after the event and how he bought a prime central London property with the proceeds.

[BlasterBates]

If the markets do crash this will a buying opportunity par excellence.....

Anyone who invested after Lehman made a killing, it was impossible not to....this would be the same but with big knobs on...

[suityou01]

If the markets do crash this will a buying opportunity par excellence.....

Anyone who invested after Lehman made a killing, it was impossible not to....this would be the same but with big knobs on...

Yeah, it's almost like it was planned

[Jog On]

Seriously doubt it. If they go to the lengths they have to stop Greece defaulting I don't think they'll let America do it.

I expect lots of kicking the can and "will they won't they" rumours and tweets to make for some great trading opportunities

[bobspud]

How do you mean?

There are many ways the rich can benefit from markets that are volatile or just going for the floor.

1) Good time to pick up stocks cheap and wait.
2) If your company is engaged in automated high volume trades or Arbitrage then the more the market moves the more chances there are to make the market and take free cash.

3) Prices in the wider market tank and its great times to be buying stuff that the unfortunate need to shift.

But as the others have said this is all bollox so won't come to anything...

[DimPrawn]

I suspect it will be a bit like this if MoneyWeek are to be believed

[VectraMan]

Seriously doubt it. If they go to the lengths they have to stop Greece defaulting I don't think they'll let America do it.

Germany bails out the US?

This is based on the presumption that a default is really really bad. But if the world's largest economy defaults on its debts, and the world doesn't end, what then?

[Mich the Tester]

I wonder whether the signs were ready made for the eventuality of this happening, or is the publicity department still being funded?