Any possible solutions to the European Debt Crisis?

[richardhutnik]

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?

When Homefront was being worked on, China was originally discussed as the enemy, but then it was decided that China was to dependent on the U.S economy to make it so.

If the USA defaults, it is best to not think about it.  It will be bad things, real bad things.   I can't even begin to speculate on this, outside of saying it is not good.