fiscal cliff deal

[jghilino]

How can they, their economy would collapse.



You know the old saying if I owe the bank $10,000 and can't pay I am screwed, if I owe them $1,000,000,000 and can't pay they are screwed. One of the main reasons countries hold onto dollar is because you can buy oil and food with it, pretty much accepted everywhere.

theres better currencies out there to pick from, the dollar is quickly losing its status as a reserve currency. Alot of world banks are selling dollars and buying other currencies.