Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
What is the worst case szenario of the national debt?
Why is national debt a concern? What can happen as worst case szenario?
3 Answers
- ?Lv 73 months ago
The economy will collapse as will all the economy’s of the world.Than the money will be devalued.
- Anonymous3 months ago
Prices in the US will increase significantly when the USD loses world currency status. The US credit rating has already been downgraded. That's a shot across the bow. It's the kind of thing you don't want to learn the consequences when it's too late. Somewhere else in the world they will be rejoicing and the US will drop significantly across the board.
- u_bin_calledLv 73 months ago
The world stops using the dollar as the international "reserve" currency... and will likely be replaced by the Euro or the Chinese Yuan...this makes the holders and printers of those currencies more influential than the holders and printers of dollars...