Now why would that happen?,the only one's to profit from that...

Now why would that happen?,the only one's to profit from that would be the gold bugs and we won't see that happening in the near future.

This is not economic suicide it's flying in the face of the deals done at G-8,ECB and a host of economic allies to the U.S.

Think about it as an example,Western Europe drfaulting just on the gas purchase's from Russia--- I don't think so.

Also what a kick in the guts to mainland China.

We forget in an extreme case if the U.S. took its bat and ball and went home don't you think the Yanks couldn't keep ticking on its own in virtual economic nirvana?

Also as stated before Foreign Policy dictates economic policy.

cheers