Anxiety continues .. especially in the world of finance ..because of the threat that the government may default on its debts. We're just 2 days and more than 7 hours away from the deadline .. if no deal is reached to raise the limit on the government's borrowing. Channel 4's Scott Johnson has been talking with experts about what this could mean for you. He joins us now live with what he's learned .. Scott? 3 3 3 00-0821-2627-32if you wonder what it means for the US debt to default... the closest example I got from experts was 2007 ... remember when the economy tanked. When the real esate market plunged and the economy right with it ... that's what some people are telling me they fear with a default on top of the government shut down.HOLLY CHAPMAN 11:56:47 - it's scary. I have 2 young children. And it's scary raising a family with all this going on.GARY LAND 11:57:24 - it's going to destroy a lot of people that needs help really bad.Then where are they gonna' turn when they can't trun to own government So I called Joe Krier... a financial expert at krier wealth management... he says he's sure the US Congress will take action before the US goes into default...because if it didn't the consequences would be bad in practically every sector of the economy. JOE KRIER/KRIER WEALTH MANAGEMENT/PHONER 10:27:30 - real estate, mortgage financing, auto sales.Any big ticket purchase would come to screeching halt until sorted out. Krier says as horrible as the doomsday predictions are he doesn't expect this to become a reality... he expects congress to act.10:28:28 - politicians are out for politics, but they're also out for self preservation and if they allow a default on us treasury, not only would they throw things into chaos, but they would be out of power in a heartbeat. 3 Krier says the biggest problemw ould be this would mean you could no longer trust US treasury bonds, which have been the safest thing in the financial sector. He says that' what would really throw things into chaos. Scott, are you hearing that the consequences of a debt default would be as bad or worse than the consequences of the government shutdown?