The sequence of events would likely go as follows… Within seconds of news that the United States missed a payment, almost simultaneously, the stock market and the U.S. dollar would plummet in value. A super-spike in interest rates would follow in short order. A gallon of milk would suddenly cost upwards of $100. A loaf of bread, $44. A gallon of gasoline, upwards of $1,000. In a panic to protect their inventories, business owners would shutter their doors, triggering widespread looting and chaos. Then, within an hour later, the federal government would issue emergency notification that its disaster map is in effect. “The United States of America would look dramatically different,” says renowned global analyst, Karim Rahemtulla, adding that “not every state will survive.”-Town Hall
Posted on: Mon, 07 Oct 2013 01:24:16 +0000
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