Birdwatch Note Rating
2024-07-09 02:33:41 UTC - NOT_HELPFUL
Rated by Participant: 0D53825C47BF741047366BD5F6202D19DE15A661FBAA78BB88B5E9BF3D7C0241
Participant Details
Original Note:
US Federal Govt can not default on its debt as most of the debt is denominated in US Dollars and US Federal Govt is the sole manufacturer of USD. So it can not go bankrupt unless USD loses its reserve currency status and huge portions of US Govt debt is in foreign currency. www.forbes.com/sites/johntharvey/2012/09/10/impossible-to-default/
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