> The US Government has never defaulted on its debt under the current (~75 year old) global financial system. > It HAS defaulted when transitioning off the gol

> The US Government has never defaulted on its debt under the current (~75 year old) global financial system. > It HAS defaulted when transitioning off the gold/silver standard, when the world moved off Breton Woods, and during the Civil War. If moving off of Breton Woods was a default, then your first statement is wrong, and the US hasn't defaulted on its debt in 50 years: https://en.wikipedia.org/wiki/Bretton_Woods_system#Paralysis_of_international_monetary_management https://en.wikipedia.org/wiki/Bretton_Woods_system#Paralysis...