This is a demonstratively false statement. It is impossible for the US to default in dollar debt.
The only thing that can happen is that foreigners may be unwilling to acquire US debt.
“It is impossible for the US to default in dollar debt.”
In a few years US debt will be in yen and euros, and then we can default.
I don't see why not. I think it is possible that at some point the US could simply declare all US government debt null and void and issue new currency.
>America is almost broke and will likely default on loans secured from foreign countries by Spring.
This is a demonstratively false statement. It is impossible for the US to default in dollar debt.
The only thing that can happen is that foreigners may be unwilling to acquire US debt.<
Tell us what happens when other countries refuse to accept the US Dollar as payment.
The whole think is dreck. Drivel. Garbage.