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Debt ceiling 2021

#41

(10-06-2021, 07:57 AM)flsprtsgod Wrote:
(10-05-2021, 10:52 PM)Senor Fantastico Wrote: Renminbi, euro, sterling pound, swiss franc, gold, bitcoin - who knows, take your pick. 

I'm not saying it's imminent but I thinks it's something that should be given attention. Defaulting on our debts certainly wouldn't help.

Yes, it's not imminent nor likely because the dollar is by far the most stable of any currency even in these times. Crypto isnt a serious contender because its strongest characteristic is its detachment from a stabilizing authority. The other national currencies are just too small to be effective except the Yuan which is also itself unstable. The US dollar remains the only real option for the time being and in longer term outlooks.

If we ended up defaulting on our debts, the political climate descended into more division and we devolved into a prolonged civil war, you see no scenario where we lose our reserve currency status?
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Messages In This Thread
Debt ceiling 2021 - by mikesez - 10-04-2021, 04:07 PM
RE: Debt ceiling 2021 - by Lucky2Last - 10-04-2021, 04:12 PM
RE: Debt ceiling 2021 - by mikesez - 10-04-2021, 04:34 PM
RE: Debt ceiling 2021 - by jagibelieve - 10-04-2021, 04:55 PM
RE: Debt ceiling 2021 - by Lucky2Last - 10-04-2021, 04:55 PM
RE: Debt ceiling 2021 - by jagibelieve - 10-04-2021, 04:56 PM
RE: Debt ceiling 2021 - by mikesez - 10-04-2021, 05:02 PM
RE: Debt ceiling 2021 - by jagibelieve - 10-04-2021, 06:05 PM
RE: Debt ceiling 2021 - by mikesez - 10-04-2021, 06:55 PM
RE: Debt ceiling 2021 - by Sneakers - 10-05-2021, 12:02 PM
RE: Debt ceiling 2021 - by The Real Marty - 10-05-2021, 12:54 PM
RE: Debt ceiling 2021 - by jagibelieve - 10-05-2021, 03:20 PM
RE: Debt ceiling 2021 - by The Real Marty - 10-05-2021, 03:38 PM
RE: Debt ceiling 2021 - by Senor Fantastico - 10-05-2021, 03:52 PM
RE: Debt ceiling 2021 - by flsprtsgod - 10-05-2021, 04:53 PM
RE: Debt ceiling 2021 - by Senor Fantastico - 10-05-2021, 10:52 PM
RE: Debt ceiling 2021 - by flsprtsgod - 10-06-2021, 07:57 AM
RE: Debt ceiling 2021 - by mikesez - 10-06-2021, 09:25 AM
RE: Debt ceiling 2021 - by Senor Fantastico - 10-06-2021, 02:24 PM
RE: Debt ceiling 2021 - by flsprtsgod - 10-06-2021, 05:52 PM
RE: Debt ceiling 2021 - by Lucky2Last - 10-04-2021, 05:28 PM
RE: Debt ceiling 2021 - by Lucky2Last - 10-04-2021, 08:55 PM
RE: Debt ceiling 2021 - by NewJagsCity - 10-05-2021, 12:35 AM
RE: Debt ceiling 2021 - by Norman Mushari - 10-05-2021, 10:58 AM
RE: Debt ceiling 2021 - by The Real Marty - 10-05-2021, 06:09 AM
RE: Debt ceiling 2021 - by americus 2.0 - 10-05-2021, 10:35 AM
RE: Debt ceiling 2021 - by The Real Marty - 10-05-2021, 11:21 AM
RE: Debt ceiling 2021 - by mikesez - 10-05-2021, 11:31 AM
RE: Debt ceiling 2021 - by jagibelieve - 10-05-2021, 03:33 PM
RE: Debt ceiling 2021 - by mikesez - 10-05-2021, 03:37 PM
RE: Debt ceiling 2021 - by jagibelieve - 10-05-2021, 03:45 PM
RE: Debt ceiling 2021 - by Dimson - 10-06-2021, 12:13 AM
RE: Debt ceiling 2021 - by Lucky2Last - 10-05-2021, 03:47 PM
RE: Debt ceiling 2021 - by mikesez - 10-05-2021, 04:59 PM
RE: Debt ceiling 2021 - by jagibelieve - 10-05-2021, 06:25 PM
RE: Debt ceiling 2021 - by mikesez - 10-05-2021, 07:02 PM
RE: Debt ceiling 2021 - by Lucky2Last - 10-05-2021, 12:09 PM
RE: Debt ceiling 2021 - by mikesez - 10-05-2021, 12:12 PM
RE: Debt ceiling 2021 - by Lucky2Last - 10-05-2021, 12:15 PM
RE: Debt ceiling 2021 - by mikesez - 10-05-2021, 12:52 PM
RE: Debt ceiling 2021 - by Lucky2Last - 10-05-2021, 02:42 PM
RE: Debt ceiling 2021 - by The Real Marty - 10-05-2021, 03:06 PM
RE: Debt ceiling 2021 - by jagibelieve - 10-06-2021, 04:45 PM
RE: Debt ceiling 2021 - by mikesez - 10-06-2021, 07:02 PM



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