RE:RE:RE:RE:RE:RE:Any idea on price supportThey are already in a debt crisis. A lot of commercial real estate companies, utilities, etc that are anywhere from 50 to 80% debt are scrambling to stay afloat right now...selling assets, etc, trying to find some way to manage the huge interest expense coming at them. Forget about equity. These companies are essentially owned by the banks now.
But the US government and all government institutions will be fine just like always. Because they have a printing press that the private sector doesn't.
As Alan Greenspan put it so clearly a couple of decades ago..." the government will never default on its debt. They guarantee that money will be available to pay all debts. What they do not guarantee is what the value of that money will be"