What If - The US declared insolvency and went bankrupt?Submitted by Ralph Waldo on Thu, 12/10/2009 - 09:59
Just as Mexico, Ecuador, Russia and Argentina have done in past and other countries like Greece are now considering - what would be the outcome(s) if the US went bankrupt and declared Insolvency?
Here are a number of things that could happen:
1. It would put an end to the global military empire and bring the troops home.
2. It would relieve the next 3-5 generations of America of a mountain of debt they had no responsibility in creating.
3. It would keep some of the international crooks who have scammed the American people for the last 100 years from ever getting paid.
4. It would bring to a halt the outrageous spending ways of the self-appointed royalty in DC.