Here is a column by Slate on the worst case scenario for the US should Congress and the President fail to agree on raising the debt ceiling.
Buy it?
Basically, it's the 3AM call scenario when the money runs out and Treasuries get dumped. The bottom line is that there's a last minute Hail Mary that resolves the crisis, but the world ditches the US greenback as the world's default currency.
Sure. For what? The Euro? It's not like the European nations have a handle on their debt issues.
I thought it was funny that in the list of news stations flipped to in order to find the latest, Slate omitted Fox News. C'mon. Neil Cavuto is all over this story, right!?!?!?
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I need to remember not to buy junk food at the stores. All this working out can be sabotaged with too many chips! I actually had a red pear today, though. Tastes like a normal pear. So, why the red? A marketing gimmick?
I'm typing this on the Blogsy app for the iPad. Nice little app for blogging.