What default would mean

Bishop Harry Jackson started a conversation on the meaning of potential default in America. The following is an attempt at threading that conversation into several strains of thought.

@BishopHarry Bishop, I think if this happens, our dollar will be worth much less and interest rates will rise a lot. Lots of suffering.

— TheValuesVoter (@TheValuesVoter) October 14, 2013

@BishopHarry @TheValuesVoter That's where you stop making payments on debts. Lenders lose confidence and demand higher interest rates.

— Pray for Congress (@PrayforCongress) October 14, 2013

@BishopHarry @TheValuesVoter It is wise not to borrow. If one has borrowed, it is wise to pay it back. The big issue is autopilot spending.

— Pray for Congress (@PrayforCongress) October 14, 2013

@PrayforCongress @TheValuesVoter R U saying we are in a economic mess because we have rejected God?

— Harry R Jackson Jr (@BishopHarry) October 14, 2013