November 22nd, 2011 10:16 am
Is America going to file for bankruptcy? This is one everyone’s minds, even congress has this on their minds. They do not know what exactly to do with the debt that America has, and they do not want to keep raising the debt ceiling because pretty soon, there will be no more money to fall back on.
If America cannot get out of this debt it could mean troubling times for everyone that lives here. Not only is the recession underway, but there are little to no jobs for anyone out there. This provides a big problem for those of us who are also in debt and want to get out.
No jobs, the debt ceiling has already been raised once, and there is little to no hope circulating because no one is able to get themselves out of debt, so how do you think this big country is going to be able too?