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Posts tagged "Lehman Brothers"

Alternate Realities: What If The Debt Ceiling Isn’t Raised?

The Fall of AmericaThere has been a lot of rumors and speculations over the raising of the debt ceiling in the past few months.  As August 2nd is looming as a deadline, people are starting to get nervous over whether America is going to default on its loans.  What would happen if this occurs?  Some people claim the sky will start falling, while others believe it is just a scare tactic to increase on spending.  The truth is: No one knows for sure.  You can only hypothesize the outcome.  Here are a few things that could happen if we don’t increase the debt ceiling and default… Read more…

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Posted by Jimm - July 25, 2011 at 12:32 pm

Categories: Politics, What Ifs   Tags: , , , , , , , , , , , , ,