Our Last Forty Eight Hours

[joggerjayne]

On Thursday, if the US Govt doesn't secure an increase in its debt ceiling, the US will formally default on it's debts.

US Govt bonds will become redeemable.

In theory, all holders of bonds could ask for immediate payment.

If nobody does ... that's fine.

If anyone at all does ... like a couple of Tiger Economy bond holders ... the US can't pay them, and the US will be technically bankrupt.

There will be a rush on cashing US bonds, and they will essentially become worthless.

Massive reserves of bonds held by European countries will become instantly worthless.

The western world will be plunged into the fastest, and deepest, downwards recessionary spiral that we have ever seen.

The Great Depression will be nothing on Britain In 2013/14

So ... since, in forty eight hours, we might all be living in mud huts in a field, with no food or electricity, I wonder if we should say goodbye now, while we still have the Internet?

[jno]

I have a nice big garden that I can turn over to subsistence living. All I need is Richard Briers and Felicity Kendall to advise me.

How much space could you commandeer in your window boxes?

[joggerjayne]

Don't want to sound depressing, or anything.

Just saying.

If you don't hear from me on Thursday, I will be on a plane to Geneva, having changed all my GBP and Euros into Swiss Francs.

[Old_Geezer]

So default, tell everyone to bugger off or you'll invade them and take their wealth.

[joggerjayne]

I don't have window boxes.

I've got a few plants out on the terrace. I wonder if they are edible?

[murraymints]

Bye jj....can I come ?

[rockyracoon]

I posted about this the other day, asking if we should be worried. Surely they'll sort it out, won't they? After all they are the world's leaders.

Better go and dig over my veg patch just incase.

[joggerjayne]

The late Richard Briers, jno?

Are you thinking of using him for fertiliser?

[boxtops]

I won't bother repaying my mortgage then.

[joggerjayne]

Sure, minty.

Oh, sorry Rocky.

Have I duplicated you?

I could link to it, and carry on on your thread?

[jno]

the electronic Richard Briers never dies, JJ, this is the age of the hologram.

Not sure if I can power one with wind energy, of course.

http://www.youtube.com/watch?v=TGbrFmPBV0Y

[rockyracoon]

Lol, no JJ, most people ignored mine, your thread is much more, err punchy and better informed.

[boxtops]

I'll come up yours, rocky, we can dye our hair in the dark, LOL

[joggerjayne]

Gotta be punchy, Rocky.

We don't have much time left!

:0)

[jno]

try using a self-service queue just the once before you go, JJ.

[joggerjayne]

You must be kidding, jno

It will stop working if I try to buy wine, or a DVD, or if I put my item in the wrong spot on the bagging area.

By the time a supervisor turns up, the Economy will have melted down.

[boxtops]

...then we can just walk in and take the stuff, JJ, since the tills won't work anyway :-)

[jno]

you would die happy knowing you had licked modern technology before it all packed up. Plus with all the staff dying in the aisles you would be able to clear the shelves of pre-mixed Manhattans.

[joggerjayne]

Per mixed cocktails are all wrong.

Except Costco's margarita, which is a good fall back when you need an emergency margarita.

[joggerjayne]

"pre"

[boxtops]

staff dying, jno? - that's one hell of a meltdown!