If the unthinkable does indeed happen and the worlds biggest super power defaults and cannot pay its debts on time ,what would that mean for the Pound...The Peso and God knows what else!!
What currency would you choose to hold if you had the choice.. Me?..Im leaning towards the Euro..
Just watched CNN and they say that the UK holds the 3rd largest amount of US bonds!!
Ouch..
Time to bail and change to Euro`s..or that Chinese money? Whatever its called) ?? Yuan?![]()