If they ever have a problem where the growth of the economy cannot do enough debt service, they can print money and pay down the debt.
Bad choice and hurts everyone, but all nation states that are creating fiat money have that option. Bankruptcy is not a possibility as there will never be a need. From: Wireless Administrator Sent: Monday, October 10, 2016 11:00 AM To: [email protected] Subject: [AFMUG] OT - Politics MUCH HAS CHANGED ABOUT POLITICS OVER THE YEARS. “My fellow Americans, ask not what your country can do for you, ask what you can do for your country.” AND THOSE ARE THE WORDS OF A DOEMCRAT ! AND NOW WE HAVE A NATIONAL DEBT OF: $19,493,291,113,808 It’s hard for me to believe that ANY of the other issues matter. I’m not afraid of a president that might hurt someone’s feelings on the way to fixing the mess we’re in. Steve B.
