I'm only 32, but I'm very nervous. If they do not agree, this will be very bad for everyone. No one will escape. Maybe we can survive if the default only last a couple days before the cap is raised, but if goes on for longer than that the repercussions will be enormous. We will plunge right back into a recession much deeper than we pulled out of 2 years ago. And this time, the government will be completely incapable of taking action to bring us out of it.

I am currently having serious discussions with my wife and financial experts about when to pull my investments. I do not want to have market exposure on the day of the default.