Posts Tagged ‘Defaults’

Crisis to Chaos: History’s Biggest Defaults -> United States Next

Tuesday, October 22nd, 2013

If and when the United States defaults within 5-10 years , the national debt will reach well over 20 trillion U.S dollars. Already there is no way the U.S government can pay foreign bond investors, basically the U.S government has sold Germany, Japan, China and the rest of the world junk bonds that will be worthless within the next 5 years.