mf - story #5893 - US defaults?

US defaults?
posted by dsk on July 25th, 2011 at 2:49PM

y? n? who cares?

Poll: US defaults?

N (1/1) 100%

(The title of your last reply gets polled.)

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posted by dennisn on July 25th, 2011 at 10:55PM

(why can't i comment on your blog?)

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posted by dsk on July 26th, 2011 at 4:05PM

Oh I was fucking around with some preferences - Looks like I turned off commenting for everyone.

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posted by dsk on July 27th, 2011 at 1:56PM

Fully restored.

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n
posted by dennisn on July 25th, 2011 at 4:35PM

no default. http://www.youtube.com/wa...ch?v=zqTXgNM8Kcs

And who cares. It's all absurd monopoly money that they print on a whim, and spend on whims too. If you care about your wealth, you would keep it in real assets, gold, or possibly bitcoins.

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posted by dsk on July 26th, 2011 at 4:10PM

>It's all absurd monopoly money that they print on a whim

Yes, but enough people see value in it for me to keep playing the game.

>If you care about your wealth, you would keep it in real assets...

Well ... depends. If you think that the likelihood of the collapse of monopoly money within our lifetimes is high, then by all means, buy gold and bitcoins. If you don't, then it makes sense to keep playing monopoly and use the colorful paper to buy land, stocks, ipads, cars and bicycles.

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