How Will the Government Help Me Erase 50% of My Credit Card Debt?

February 9th, 2010

Most Americans try to avoid paying credit card bills by asking for government help. This is what motivated Congress to add a few changes to the bankruptcy law. Contrary to what many people, you do not need to take such a drastic action as filing bankruptcy when you only have credit card debt.
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What effect would a bankruptcy of the US government have on the Canadian dollar or Euro?

January 23rd, 2010

I believe that the US government is on the verge of bankruptcy, and that when/if this occurs, it will cause a collapse of the US dollar. My question is what effect this will have on other currencies such as the Canadian dollar or Euro. What is the safest currency to be in when/if this occurs?

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