re: #10 Ian G.
The problem, of course, is that our portfolios become worthless too. So much for the money I’ve saved for my honeymoon….
I know it’s sick, but in some ways I’m looking forward to default. There is an enormous contingent of Republicans who believe that social darwinism is a winning ideology, and that if only government gets out of the way, they’ll be millionares. I’ll enjoy watching them have to line up for government soup, even if I’m in the line with them.