Beginning of the Reckoning ?? (Simon Black), page-6

there is one point in that article that does not add up - the payment of interest must be part of the increase in debt, so how much is the interest payment and how much more additional debt are they actually taking on - in reality i suppose it does not really matter.

for those of interest in US default history se link

https://www.theglobalist.com/a-brief-history-of-u-s-defaults/