US Debt Default Would Have 'Very Serious' Global Repercussions: IMF
The IMF warned Thursday of the potential for higher borrowing costs, broader global instability and economic repercussions in the event of a US default.
Anna 202 days ago
Default is what happens when ypu over spend your income. Let the US default as this is obviously the only way it is ever going to stop. They can not afford to repay the 31 trillion dollars they owe now so why allow them more