Comment: This could result in a flood of cash to the U.S.

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In reply to comment: People, this is HUGE NEWS !!! (see in situ)

This could result in a flood of cash to the U.S.

Panic may cause Europeans to try to find a safer haven for their money. Right now, that may appear to be the U.S.

Bad news: that may just temporarily prop up our own bankrupt system and guarantee a bigger default in the future. Temporarily, though, it seems to me this will be a boon to our banks.