Will America Default?

[suityou01]

IMF says sort it out!!!!

Linky

But a worse problem looms. The US is up to its borrowing limit and will run out of money without agreement to lift it.

Ms Lagarde's comments were echoed by the US Treasury, which says a debt default could lead to a financial crisis as bad as 2008 or worse.

That's quite some statement if you think about it.

[darmstadt]

I just love america:

[DimPrawn]

Let's face it, all the USA needs is a trillion dollars, maybe two.

Small change really. No really.

The Treasury Has Already Minted Two Trillion Dollar Coins - Forbes

[Jog On]

Warren Buffett predicts 11th hour debt deal

"We will go right up to the point of extreme idiocy, but we won't cross it,"

I don't think anyone's in a hurry to spark Credit_crunch_2.0_this_time_with_bells_on_edition

Then again WTF do I (or anyone else) know?