Sd- I don’t think it is totally up to the US at this point. Watch the G20 meeting. After all we did blow up the entire global banking system. I think it is more a matter of what the world wants, whether we like it or not. They will decide what is best for them and it might not work out to well for us. I think the question is, would our creditors rather take printed money or let us default. I don’t think either one of us could possibly quantify that decision. However, I’m sure a few Chinese economist have been working on it.
