http://futuresavvy.net/2009/11/could-america-default-on-its-debt/ Making better decisions to manage uncertainty and profit from change Sun, 09 Oct 2011 22:33:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://futuresavvy.net/2009/11/could-america-default-on-its-debt/comment-page-1/#comment-46227 Precious Thu, 28 Jul 2011 22:25:53 +0000 http://futuresavvy.net/?p=998#comment-46227 1873 America, economic disaster struck. Industrial and finacial growth reached overexpansion. There it was, a wave of defaults, business failures, and bankruptcies. Until the 1930s it was dubbed The great depression. 57 years of horror. No we do not want another default on the debt. 1873 America, economic disaster struck. Industrial and finacial growth reached overexpansion. There it was, a wave of defaults, business failures, and bankruptcies. Until the 1930s it was dubbed The great depression. 57 years of horror. No we do not want another default on the debt.

]]> http://futuresavvy.net/2009/11/could-america-default-on-its-debt/comment-page-1/#comment-45656 Tim Sat, 23 Jul 2011 13:17:08 +0000 http://futuresavvy.net/?p=998#comment-45656 Correct me if I'm wrong, but I seem to recall that the US defaulted several times on its debt during the 19th century. I wonder if those speaking of America's 'first' default are aware of this... Correct me if I’m wrong, but I seem to recall that the US defaulted several times on its debt during the 19th century. I wonder if those speaking of America’s ‘first’ default are aware of this…

]]>