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>That's not true, it's not like if the US defaults you become personally liable. Citizens might not become "personally liable" in a legal sense, but they get s
by coldtea 3y ago
>That's not true, it's not like if the US defaults you become personally liable.
Citizens might not become "personally liable" in a legal sense, but they get similar consequences, reduction in wealth, poverty increase, etc, that somebody "personally liable" for their personal debt would get.
A country wide failure of economy can be even more devastating to individuals than some personal debt they default on.