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What Would Happen If the U.S. Couldn’t Pay Its Debts?

What Would Happen If the U.S. Couldn’t Pay Its Debts?

May 22, 2023 | Financial Markets

Introduction Imagine if the United States couldn’t pay back the money it borrowed. It might seem crazy, but let’s explore what could happen if the U.S. defaulted on its debt. We’ll take a look at how it would affect regular people, the economy, and...