Well You don't want to start WWIII very
Post# of 49787
You don't want to start WWIII very much do you.
Once upon a time the Pope ran the western world...It wasn't very good for those that defied Rome.
Thing is, you wake up to a bank holiday and the FED dollar has zero value unless in the bank already. Lots of nonsense stops on a dime.
Like Trump said. He could Bankrupt non sovereign debt. That stands at about 21 Trillion. Rest of the world is 244 Trillion in debt.
Not sure it would effect the US that badly if US Treasury notes are exchanged 1:1 within the US for those funds in the bank already. Crime might get a jolt...overnight.