World warns of disaster if no debt deal done

[Tony_FLADEM]

"If they get this one wrong and there's a default -- we don't expect that, we think that they will sort this out -- but if that were to happen, it has consequences for every family and every business in this country and all across the world," said Danny Alexander, Chief Secretary to the British Treasury."



China, which owns well over $1 trillion in U.S. Treasury bonds, has expressed alarm. On Saturday the official People's Daily newspaper, the mouthpiece of the Chinese Communist Party, castigated the U.S. handling of the debt crisis as "irresponsible" and "immoral."




We have world leaders saying this would be a disaster if the U.S. does not raise the debt ceiling and there are still people in the Republican Party who think it would be no big deal. It's really hard to believe.

[AndyTiedye]

1. They Know It Will Be a Big Deal and They Intend to Profit From It

[Ruby the Liberal]

2. The Communist Party calling the Tea Party "Irresponsible" and "Immoral"

OMG that is priceless!!!

:rofl: