Iginla2011

if the US gov't defaults the world will end and you need not worry about what to own

segalm

Honestly, im not sure thats why im asking. I still feel like the US will be viewed a "safe", and panic in the markets would to that. Like we said above, maybe int bonds, but Euro situation isnt good as well.

I know the theory etc but im curiious to see what would actually happen.

neil1234

If the US defaults on its debt, do you really think that the flight to safety (i.e. quality) will be to US debt?

bchadwick

Forget bonds. If the US defaults US bonds will tank and other countries could follow suit due to the knock on effect. What will be a sure bet in times of crises such as this is gold - the eternal save haven - that price will simply sky rocket.

PalacioHill

Well, hopefully it wont come to that.

GL with your test results.

jbaldyga

Well, people will probably buy those two currencies as well. US default would result in broad depreciation of the dollar compared to many currencies.

Wendy01

I was thinking more like CHF or Yen. The euro is in trouble too with their debt. I hate saying this and of course i dont want a default, but im just very curious as to what would happen.

rohitdoshi

I guarantee that if the US defaults, US bonds will decrease in value. People will buy non-US assets, like the Euro.