re: #210 Ian G.

Won’t matter. A default would send shockwaves through the world economy. Maybe North Korea would avoid being hurt, simply by being so isolated from the rest of the planet.

So as much as teaching English in Chile sounds like a cool way to wait out the Tea Party Hurricane, I’m guessing the Chilean economy would tank once the price of minerals like copper craters.

A default would indeed send shockwaves, but some areas would be less affected than others.

Interestingly, it could even have an effect on Czech elections here at the end of this month.