Add new comment

As a sovereign nation with a sovereign fiat currency it is not possible for the US to default on its debt. Furthermore, 80% of US debt is owed to US citizens. Are we going to foreclose on ourselves? The problems in Greece stem from their adoption of the Euro, making their finances more like a state's than a nation's where they can not produce the currency required to make their debt payments. Your question only shows your lack of understanding of macro economics and how modern sovereign currencies work. Thanks for playing.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.