Nov 2nd 2011, 13:42:31
What is the event you are talking about?
Default is the term used to mean "A single interest payment which is due is not paid."
Are you referring to something else?
If so, please state that event, because the thing you're calling "default" is absolutely not that.
Words matter.
If you're talking about repudiating all debt, then go hang out with the insane people over at the Rand and Ron Paul Crazyspace. Free tip: That won't happen, get over it.
Default is the term used to mean "A single interest payment which is due is not paid."
Are you referring to something else?
If so, please state that event, because the thing you're calling "default" is absolutely not that.
Words matter.
If you're talking about repudiating all debt, then go hang out with the insane people over at the Rand and Ron Paul Crazyspace. Free tip: That won't happen, get over it.