4 ms·
America's debt is way different than the debt of a person in all honesty. One of what I believe to be the quintessential reasons: the US Dollar is secure, and n
by rubyn00bie 8y ago
America's debt is way different than the debt of a person in all honesty. One of what I believe to be the quintessential reasons: the US Dollar is secure, and necessary for the world currently.
Meaning the US government has not halted or suspended trading of the dollar-p ever. The US has, by all reasonable measures, paid back its debt on-time. If an entity has multiple billions, or even hundreds of billions, perhaps trillions of dollars to protect: where do you put your money that is equally safe? No where.
It's a good thing because it's secure. Because it pushes the world forward.
/shrug