Birdwatch Note Rating
2024-07-08 14:59:25 UTC - NOT_HELPFUL
Rated by Participant: 1EB1AED62C5500C57EB69CA062EB18A9BD86A9FE57C3956BD0EE57F2A17FF10C
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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