The INSANE Truth: The USA Will NEVER Default

The U.S. has $37 billion in debt. What happens if the U.S. fails to pay their debt? Could that ever happen? Today we'll look at what might happen if the U.S. defaults on its debt and what ramifications it could have on the global economy, and of course the stock market. The U.S. seems "too big to fail," but is it?

CHAPTERS:
00:00 Intro
00:31 Could the U.S. ever default on its debt?
03:13 How does the U.S. service its debt?
04:32 What would happen if the U.S. defaults?
06:26 Hedging against a black swan risk
09:26 Conclusion

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