What will the possible impact be on your life should the USA default on its debt?
Please, note this is a General Section question. I debated whether to ask it or not, but I am interested. It’s not my desire to cause rancor.
CNN lists six possible implications in the case of default in an article here.
I could very possibly find myself without money for food or shelter. I am disabled and live on Social Security Disability Insurance. It has been stated that Social Security payments cannot be assured or that they may be delayed for a lengthy period in case of a default by the US government on its debt.
How would a default impact you?
Observing members:
0
Composing members: 0
Composing members: 0
Answers
Response moderated (Unhelpful)
Response moderated (Unhelpful)
Response moderated (Unhelpful)
Response moderated (Off-Topic)
Response moderated (Off-Topic)
Response moderated (Off-Topic)
Response moderated (Off-Topic)
Response moderated (Off-Topic)
Response moderated (Off-Topic)
Response moderated (Off-Topic)