3 ms·
> The US government might technically default - i.e. miss payments - but the payments will likely be delayed (due to political BS) rather than not paid in full
by throw0101a 3y ago
> The US government might technically default - i.e. miss payments - but the payments will likely be delayed (due to political BS) rather than not paid in full w/ accrued interest.
Which happened in 1979 due to technical (?) issues:
* https://www.reuters.com/article/usa-debt-default-idUSN1E76A0XA20110711 https://www.reuters.com/article/usa-debt-default-idUSN1E76A0...