4 ms·
US Government won’t fail. They can certainly just default on all debt and keep on going like many other countries. It will be a shitty country going forward, bu
by deadbabe 4mo ago
US Government won’t fail. They can certainly just default on all debt and keep on going like many other countries. It will be a shitty country going forward, but not a failed one.
The best thing you can do is diversify assets to be prepared for that scenario, so you do not fall into the hell of a permanent underclass, in perpetual servitude.
- dgellow 4mo agoThe US defaulting would easily trigger the worst economic shock the world ever experienced. Other countries that defaulted weren’t the hegemonic power