How likely is it we reach a point where the US can no longer pay the interest on its debt, prompting the global confidence in US bonds to collapse and the US dollar losing its role as the global reserve currency, which would in turn prompt a global financial crisis?
Is the US economy heading for a total collapse in the long term as a result of the national debt?
byu/JeffJefferson19 inAskEconomics
Posted by JeffJefferson19