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There is one reason why the US cannot go bankrupt .... it can just print more money to pay the debts. This is very different to Greece which does not control it
by timedoctor 15y ago
There is one reason why the US cannot go bankrupt .... it can just print more money to pay the debts. This is very different to Greece which does not control it's own currency. This is one reason why Euro states are more under threat than the US.
Also Japan has far higher debt levels than the US, and it has an significantly more aging population, negative growth in population and is in more trouble than the US. However Japan is currently a safe haven from the US? Who decided that Japan is a safe haven? If the Japanese government had to pay much higher interest rates it would be in a lot of trouble, but at least it too can print it's own money.