General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWho gets rich if the United States defaults? Bankers? Billionaires? The Capitalists, right.
The people who reap interest on money, of course. The same money lenders that Lesus Christ threw out of the temple need to be thrown out by Congress. If not we will all be paying a hefty Republican Stupidity tax for a long time to come.
Time to negotiate? Let's talk deficit reduction by taxing the rich.
for working in Lesus
LeftofObama
(4,243 posts)Coyotl
(15,262 posts)gopiscrap
(23,761 posts)socialist_n_TN
(11,481 posts)that always WILL be the way as long as capitalism is exists.
lonestarnot
(77,097 posts)Spotty assed richie rich will stand out in a crowd.
If the US defaults, which would be a violation of the 14th amendment, virtually everyone in the world would lose. A few people that shorted the right financial instruments would benefit. Beyond that, it depends on how big of an affect it would have. My guess is that it would possibly spur another worldwide depression which would make everyone poorer.
Coyotl
(15,262 posts)While you are correct about the possible impact, there are those with an interest in making more on interest, those who hold the capital now.