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Old 10-15-13, 05:06 PM   #213
JU_88
Silent Hunter
 
Join Date: Jan 2006
Location: UK
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Not much has changed , its still going on -back and forth, except time is almost up and its getting quite scary now.
Looks like the senate draft is up for vote in the house this afternoon (US time)- if it doesn't go though... I don't know what tomorrow will bring other than the markets nose diving....
But if the US defaults on Thursday or soon there after things will get ugly very quickly and it wont take long for likes of you and me to feel the shockwaves in some form or another.
I'm still just trying to digest the fact that this insane partisan bickering, could well end up hurling the entire developed world back in to recession part 2 or worse, its unbelievable and completely insane.
Its blindingly obvious that the US federal government needs to tighten its belt a notch or trillion, but defaulting is really is no way to go about it.

Last edited by JU_88; 10-15-13 at 05:26 PM.
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