Talk of The Villages Florida - View Single Post - U.S. Ratings Downgrade by Fitch
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Old 08-04-2023, 10:53 AM
Caymus Caymus is offline
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Quote:
Originally Posted by Blueblaze View Post
It's scary, but consider this -- every thing you own is tied to that rating. If US bonds ever became worthless, everything you have that you can't barter would also become worthless.
Look on the bright side. If the government defaults on their bonds, you could place a lien on assets. If you "lose" enough, you could own something like the Whitehouse or Grand Canyon