@JTkeepsrockin Gov defaulting on bonds would mean that US credit risk goes up, investments of all kinds not seen as safe as they once were. Interest rates shoot up. Dollar would lose value. Ripple effect would be probably.. fucked. @JTkeepsrockin Gov defaulting on bonds would mean that US credit risk goes up, investments of all kinds not seen as safe as they once were. Interest rates shoot up. Dollar would lose value. Ripple effect would be probably.. fucked.
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