Wouldn't a debt default cause stocks to rally?

Quote from tradingjournals:

I think it would also depend on who the lenders are? (foreign, fed, etc). Why you did not include Gold on your list?

Where did you read about the fall of the dollar? Are you sure about that one? Isn't the problem of the dollar rather due to QE?
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Correct gold is the vehicle of choice on a fit colapse. A debt default would cause panic in the market and social system. Just use Greece as an example.

Akuma
 
As for this whole Dem vs. Rep blame game: come on, they're both trying to use this crisis for the 2012 elections.

Parasitic, power-hungry demagouges looking for another 2-4-6 years to feed off the host and find more suitable outlets for their god-complexes.
 
It looks like both sides here agree congress should raise the debt ceiling and work out the budget separately and leave politics out of it and if a debt and tax budget can't be resolved independently then the voters will tell them what direction to go in the next election.
 
Quote from joneog:

As for this whole Dem vs. Rep blame game: come on, they're both trying to use this crisis for the 2012 elections.

Parasitic, power-hungry demagouges looking for another 2-4-6 years to feed off the host and find more suitable outlets for their god-complexes.
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+1
 
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