Birdwatch Note Rating
2024-07-08 20:29:35 UTC - NOT_HELPFUL
Rated by Participant: D26BB48E6B72B051C94DE685F56292D740561169C3C0D673C842A740664DD58B
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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