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Default 7 things about the economy

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...
On Sun, 24 Jan 2010 15:02:26 -0500, "Eisboch"
wrote:

Chinese are tightening their credit. I thinks Obama's problems just got
worse. Especially if China wants some of that maturing US debt paid
off.



What happens if the USA just says, "No"?

Just curious.


Short answer ...
The dollar would be devalued and oil would cost more, among other
things.



And the Chinese economy would tank.

--
Nom=de=Plume


 
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