The conversation between human and AI assistant.
Why does the United States not default due to its massive debt? And if the United States were to default what would it look like?
What steps can the U.S. take to avoid defaulting on its debt?
To avoid defaulting, the U.S. can focus on reducing the budget deficit and working towards a balanced budget. It can also continue to attract foreign investment and maintain its strong reputation as a reliable borrower. Additionally, the government can continue to prioritize debt repayment and set aside funds specifically for that purpose.