3 ms·
This debate confuses public debt with private debt. I doubt USA is going to tell someone else they cannot collect a debt. But as a creditor, USA has the option
by jvanderbot 5y ago
This debate confuses public debt with private debt. I doubt USA is going to tell someone else they cannot collect a debt. But as a creditor, USA has the option to call a loan of its own lending forgiven. See Public Student Loan Forgiveness for precedent.