/biz/ - Business & Finance

>>1626045
>So shouldn't we just default?
There's currently no reason or incentive to. The U.S.A can still service it's Interest payments on the national debt, foreign institutions are still buying U.S Treasury Bonds and the Dollar is still the reserve currency. For all intents and purposes, everything is "normal". They will only default (if it even gets to that) when they have no choice or through actions outside of their control.

>what would happen if we defaulted?
All bets are off.