OEveryone hoping the boomers checks come late.

If the US defaults the boomers social security checks will be nothing more than a few days late. The simple Armageddon that will happen will last no more than a few days.

BUT for all the youngsters looking to buy a car or home forgot about it.

The damage that will happen to the US credit rating on a global scale for decades will more than double interest rates. Imagine you’re buying power when you want a car and it’s 24% interest, home 18%, credit cards 40%+ or whatever the max they can charge in your state is.

The boomers…yep they will get a late check by a few days but those gen z and younger are going to die extremely poor and own absolutely nothing..