Any possible solutions to the European Debt Crisis?

[snakenobi]

Wh1pL4shL1ve_007 said:

richardhutnik said:

Wh1pL4shL1ve_007 said:
So what happens if a nation "Defaults"

It declares its current bonds worthless.  It means that the nation, if it ever needs to borrow again, has to pay a lot higher interest in the future.  In short, it says it isn't paying back the money it borrowed.

I wonder what would happen if USA deaults O.o

 

Maybe, homefront? but with chinese instead of koreans?

it will

USA is in the same situation as EU

 

but as US Dollar is world's reserve currency.it will take a bit longer

 

why will homefront happen?that is just propaganda

the world wants USA to default as that will bring back the GOLD standard eventually and stop ANGLO-AMERICAN Hedgemony