When They Say The US Government Has Never Defaulted, They're Lying
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
A default would certainly be problematic. But despite what you’re being told, it’s not unprecedented. The US government has defaulted before.
It may very well be that a default could lead to significant economic and financial disruptions. But let's stop pretending that a default is unprecedented or that the United States always pays its bills.