Take a Paws, page-35370

  1. 23,279 Posts.
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    Bond holders can go bust, America cannot, they lend and spend in $US, they can print as many of those they need, the US cannot go bust.

    The worst thing that can happen is the value of their dollar falls quicker than 2% per year, going bankrupt is impossible.

    This is not the same for other countries as they borrow $US and have to earn them to pay them back.

    Just them raisng the debt ceiling 74 times shows they can't go bust!

    The likes of Yellen want debt ceiling's abolished!



 
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