Washington Post Makes Debt Default Sound Attractive

According to the Washington Post, a debt default would have some clearly positive outcomes. Specifically it told readers that it would weaken the United States position as a financial safe haven for the rest of the world.

This would have two beneficial effects. If less money flowed from elsewhere in the world to the United States this would reduce the value of the dollar relative to other currencies. This has in fact been a stated goal of both the Bush and Obama administration, which both cl...