U.S. needs to eliminate its national debt?

Economists all agree on one thing: If the U.S. government hits the debt ceiling and defaults on its debts, we will be in a global "nightmare scenario" where economies will collapse worldwide.

But the reasons for this are never explained... We're just supposed to take it on faith that those in the ivory towers of finance are right.

If someone told you that in the next couple days, you'd suffer a crippling accident, wouldn't your first thought be, "Wait, what exactly is going to happen?"

Knowing the outcome pales in comparison to knowing exactly what will happen. You need to know what will fail first, and how it will send a shock wave through the entire economy.

In our new report, “The Debt Ceiling 'Nightmare Scenario' Explained,” that is exactly what we do.

The implications go far beyond closed national parks and furloughed workers.

This is the only place you'll be able to learn how hitting the debt ceiling and a U.S. government default will:

• Affect the Department of the Treasury and the entire U.S. government
• Create a credit crunch far worse than the subprime mortgage crisis
• Drive a market collapse before and after the Treasury starts bouncing checks
• Immediately put a vast swath of Americans in danger, on the streets, or in lines at local soup kitchens

Take a look at what can happen and exactly how it will destroy the national and global economies. Simply drop your email address in the box below, and we'll send you “The Debt Ceiling 'Nightmare Scenario' Explained,” right now.

In addition to the report, we'll start sending you the expert analysis of our editors at Outsider Club. Our analysts and editors are constantly researching what is going on behind the scenes and how it affects the markets, our economy, and you.