Not so long ago, congress was ironing out the details of a last ditch effort to prevent America from defaulting on its loans.
Is it a Hail Mary pass at the end of the game, one last shot at prevailing over our opponents and upholding our good name? Or is it all politics?
The consequences of default would be widespread throughout our nation, diminishing the value of the U.S. dollar, and further tarnishing our reputation worldwide. This would pose the very serious threat of catastrophe and financial meltdown unlike any we have seen in our lifetimes.
What we have experienced since the recession began in 2008 may be but a precursor to the devastation ahead for us. We may be witnessing the collapse of America.