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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (18364)5/24/2003 10:11:50 AM
From: mcg404  Read Replies (1) of 81962
 
Searle: <Thus there can be no balance, no equilibrium. Eventually, according to this scenario, when the US can't service its debt it will have to renegue --- compromise with its creditors --- and the game will start all over.>

I'm curious. How do you imagine this plays out? Actual default (or re-negotiation) of debt obligations?

John
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