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I think a proper response to this question would be in the form of another... What would happen if the US doesn't default? I was raised to think that my parents tried their damndest to leave this world a better place for their children. They might have, but their generation sure failed in that respect. Continuing the charade as if a debt-based economy isn't hurting anyone is just asking for more trouble down the line. Why don't we, as a people of the world, do the responsible thing and get rid of the corruption linking politicians, multinational corporations and banks. The people of the world are suffering and it ain't getting any easier. I heard Latvia just voted to oust their parliament because it was as bad as the US government. Corrupt politicians doing favors for the ones with the "money" and leaving the little guy (the other 99%) to fend for himself.

http://english.aljazeera.net/news/europe/2011/07/20117232155...

Also, Ron Paul has some words of wisdom on this topic. He has been saying the same thing his entire career and people keep calling him crazy. I think it's about time we listen.

http://www.bloomberg.com/news/2011-07-22/default-now-or-suff...




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