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Spain's former king Juan Carlos to go into exile after financial scandal
submitted 3 years ago by Vigte from ca.news.yahoo.com
[–]libertypatriot 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (0 children)
Americans scream that there would be no downsides if the US defaulted on the debt, but wouldn't China and Japan be angry about not getting their money back?
Will businesses and Americans who bought US bonds be upset about being ripped off? Wouldn't companies who get fleeced need to lay off workers and shut down?
[–]libertypatriot 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)