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View Diary: Open thread: First Nations, Obamacare and endgames (30 comments)

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  •  Debt Default Might Lead To WW2 Style Rationing (1+ / 0-)
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    The international credit market freezes so international trade screeches to dead stop. The commodity markets collapse.

    Gasoline goes to $10 a gallon, and within 48 hours the gas stations close.

    Christmas shopping is out of the question.  Stores are boarded up.  There is a run on ATM machines, which run out of money and aren't refilled.

    Without credit and fuel for businesses, the supermarkets are mostly empty after the first week.

    Without functioning commodity markets or business loans, farmers can't sell their crops or get fuel to plant new ones.  Crops rot in the fields.

    The same thing happens in Europe, and massive rioting breaks out across the EU.

    Men are so necessarily mad, that not to be mad would amount to another form of madness. -Pascal

    by bernardpliers on Sat Oct 05, 2013 at 03:09:02 PM PDT

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