The U.S Government defaulting on its Federal Reserve Loan

  • avatar

    by: inthemosh
    New SaleHoo Member
    8 posts

    The U.S Government defaulting on its Federal Reserve Loan

    Posted 28 Jul 11 8:55 pm.

    Hi there, I have my biggest order that i have placed in transit from the United States to New Zealand. Now the NEWS is all abuzz with the issue that the USD may have once the US defaults. I am quite nervous now wondering if i placed my order at the wrong time. Does anyone know what the NEWS are talking about? Is it likely the bottom drop out of the USD? I am concerned because of my competition having the abilityh to purchase cheaper than me in a few days etc
  • avatar

    by: fudjj
    SaleHoo Staff
    2969 posts

    Re: The U.S Government defaulting on its Federal Reserve Loan

    Posted 28 Jul 11 9:14 pm.

    I honestly wouldn't be concerned with the current situation in regards to the US defaulting. Neither side of politics wins in that situation, so you'll see a lot of political bluff going on, then you'll see the media beat it up as much as they can, and then finally you will see an agreement on lifting the ceiling.

    : )

    Marc Ransom

    Community Manager
    SaleHoo.com

    About the Community Manager

  • avatar

    by: inthemosh
    New SaleHoo Member
    8 posts

    Re: The U.S Government defaulting on its Federal Reserve Loan

    Posted 29 Jul 11 1:37 am.

    Thanks for that. I will be watching with interest.
  • avatar

    by: beachdisney
    SaleHoo Senior Member
    80 posts

    Re: The U.S Government defaulting on its Federal Reserve Loan

    Posted 30 Jul 11 3:21 am.

    Don't worry about it. I live in the USA and there always seems to be a last hour finanicial miracle that is put forth to make the politicians look like heros.

    We have enough money.
  • avatar

    by: richellemonfort
    SaleHoo Staff
    3746 posts

    Re: The U.S Government defaulting on its Federal Reserve Loan

    Posted 1 Aug 11 12:39 am.

    Don't worry about it. I live in the USA and there always seems to be a last hour finanicial miracle that is put forth to make the politicians look like heros.

    We have enough money.
    Nice one, beachdisney! lol :D

    Richelle

    Customer Support
    SaleHoo Group Limited
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