6 Oct 2013
I strongly urge you to take into account a US default on Oct 17 2013 on your personal finances.
It is an Ideological issue .
All stock markets will fall heavily in the run-up and event .
The dollar will fall heavily .
Recovery will happen
The present attempt to block the Credit Ceiling raise is ideological , not just petty politics or money .
The main funder of the Republican faction is Koch Industries . (See http://en.wikipedia.org/wiki/Koch_Industries )
Their ideology :
Pay special attention to Charles Koch's two speeches .
He is right . Increasing debt without limit is the road to ruin .
But the surgery will be traumatic .
Batten down the hatches