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Old July 14th, 2011, 08:39 PM
CsqU4r3d's Avatar
CsqU4r3d CsqU4r3d is offline
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Join Date: Jul 2010
Location: YYC
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That is the scuttlebutt. If the dems and reps can't come to some kind of agreement to raise the debt ceiling by Aug 2nd, theoretically the U.S. will be out of money. Right now alot of political gamesmanship is being played. I am certain they will reach some eleventh hour deal. If they don't the reprecusions are huge. It would wreak havoc on the worlds financial markets.
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