What happens to America, when we reach our credit limit?

Do you believe that America has a credit limit?





What would be the result if our loans were foreclosed on?|||Inflation / Deflation regression, survival.

Rent the "Road Warrior", or buy THQ Homefront (PS3).

Give yourself a head start on what to expect.|||That's the thing, the USA doesn't have a credit limit and any government can operate in massive amounts of debt. Here's what is going to happen within the next few years. This is a prime example of why the Republicans want to make people less dependent on the government. One day the people getting their entitlements are going to wake up not knowing what to do when their government monies come to a screeching halt.



1) Investors stop investing the T-bills

2) USA starts printing even more money

3) Global body dumps the dollar for a new currency

4) Hyperinflation sets in

5) Interest rates go sky high

6) Game over|||I read a small panic blurb on a web site just last night, I don't know how valid it is at present. It said the US government will be broke by about 2020 %26amp; said being broke was the reason the Soviet Union collapsed. I think credit is a ticking time bomb for individuals, and countries too. Debts do have to be

repaid someday. See the gold price, that's not gold going up....it's actually the value of the paper dollar dropping.|||They being: China %26amp; others are here picking houses that they want %26amp; are saying take it off the tab while crashing the housing market %26amp; cannibalizing most other vital infrastructure via inflation.


These are homes occupied %26amp; many owned (no mortgage)


This no joke , The ocean levels of immigration are of TSUNAMI proportions.


I' ve thinking on selling 800 acres for about 600 Billion Dollars not Yen %26amp; that is really a bargain. With deed restrictions of course.|||The US has a set price that they can't go over, which they already have. Everything will start to shut down, because they don't have the money to pay for workers to work.|||USA goes down, drags world with them. Murder, rape and mayhem. Basically Rhwanda on a global scale. A new dark ages begins.|||Then all of America becomes slaves to credit. Maybe they will start selling military secrets to pay off debt.|||congress just raises the credit limit.





That is the American way.





How soon will it cost more to print a dollar bill than the bill is worth?|||China will repo all the cool stuff they sold us.|||Can you say CUBA or Haiti|||We will not have oil because OPEC will not want our dollars.

We will not have any imports because no one will want our dollars.

We will not be able to run our defense system they way we are now, and will have major problems in that area.

Obviously there is an entity that is trying to put us in a position where we have no bargaining power at all.

This is why having a president who may not actually think of himself as American could be a massive problem. The one we have now spent his youth in Indonesia as the stepson of an Indonesian and did not think at the time he was developing his political value system internally that he was ever coming back to the states. It was only when his mother died that he did come back.

Scary, I know, and he has increased the debt by 4 Trillion dollars or 40%.

All of our tax dollars are used to pay interest on the debt alone. We are not paying any of the principal on the debt and it increases by the second.

As someone said there will be rioting, and there easily could be areas with no power (electricity), etc.

We are in a very serious situation, many people could die from civil unrest, riots, etc. let alone the anger of our debt holders.