Won't happen. I took a lot of macroeconomics, central banks always step in, the worst thing you can do as a country is try to pay off debt. It's not like personal debt, a whole different ball game. Paper money isn't real, but its how the "game" has been working for a long long time. Still, the "sky is falling" press has created some amazing entry points in the stock market right about now.
One observation: Home Depot was completely packed with people last weekend, I couln't even find a parking space. Haven't seen anything like this in about a decade. Time will tell if I am right, I am calling a huge buy on several beaten down lesser known stocks. Have a great day.
Everyone in USA and EU are confused by GOV policies, central bank dealing's, Market voletility and pundit b.s. One thing that has ALWAYS been for REAL is when Insiders BUY shares of their own Co's. KRO is to be bought on ALL DIP's! Don't listen to the negative Nellies just buy kro and hang on. <baldy>