GLOBALink | Experts warn of dire consequences home and abroad triggered by U.S. debt default

Economists have warned that U.S. debt default would set off dire consequences both at home and abroad, and could even induce a global financial crisis and recession. #GLOBALink

[hadilee]

Instead of managing their wants and spending, they're busy increasing the limit of their spending. Weird!

[bobbylow]

Other countries are already paying the price of overprinting money by severely inflated prices of goods.

[Emphasis]

How can you not fulfill your obligations if you can keep creating more money?