2 ms·
I don’t think any country that can print it’s own currency CAN become insolvent, by definition. Our currency could be completely devalued yes, and nobody would
by taurath 6y ago
I don’t think any country that can print it’s own currency CAN become insolvent, by definition. Our currency could be completely devalued yes, and nobody would put their money in USD anymore, or back loans made in the US, and the resulting economic crash would reshape the world economy towards Europe and China. But not be insolvent.