Birdwatch Note Rating
2024-07-08 19:19:47 UTC - NOT_HELPFUL
Rated by Participant: 882550AAEF59E9F4C1786E48A4F0600D331575A6EE2325155174E727DC81444E
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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