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Credit Suisse Prediction about the Economy

As some of you may know, my left-brain deals with geeky economics, international trade and stuff like that.  When I went back to college years ago after raising my sons, I majored in Mass Communications and dreamt of writing for The Economist.  So there ya have it.

Anyway, watching (or rather tuning out to most of) the debt ceiling kabuki theater, a few tidbits got absorbed.  Like this unappealing prediction from Credit Suisse should the U.S. actually go over the brink into full out default.

Stocks Drop 30%, Economy Contracts 5%

To those who claim nothing will happen, do you really want to risk it?

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