[yldstrk]

In the short term no, in the long term, it is not good. At this point, the US is still the most reliable trading partner, military force, freedom protector, manufacturer, educator, etc.

Who would you rather have? Russia? China? India?

[greeneyes]

The plan is for the IMF to issue SDR’s as the world's reserve currency. You know, the IMF becomes kinda like an International Federal Reserve.

Then the USA can no longer print its way out of debt. Truly will be trapped like Greece.

[dfwgator]

The longer the inevitable is put off, the worse it will be when it inevitably happens. Like the old Fram Oil Filter commercial said, “You can pay me now, or you can pay me later.”