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Wholesale & eBay Forum Importing & Customs The US government defaulting on its federal reserve loan

The US government defaulting on its federal reserve loan


inthemosh
Free Member
  • Posts: 8
  • Joined: 29 Mar 11
  • Karma:
28 Jul 11 08:55:25 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


fudjj
Site Admin
  • Posts: 6307
  • Joined: 27 Jul 07
  • Karma:
28 Jul 11 09:14:03 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.

: )


Mark (fudjj)

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inthemosh
Free Member
  • Posts: 8
  • Joined: 29 Mar 11
  • Karma:
29 Jul 11 01:37:38 am
Thanks for that. I will be watching with interest.


beachdisney
Full Member
  • Posts: 181
  • Joined: 24 Sep 07
  • Karma:
30 Jul 11 03:21:41 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.


richelle_salehoo1
Site Admin
  • Posts: 5231
  • Joined: 20 Oct 08
  • Karma:
1 Aug 11 12:39:36 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

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