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?
I was wondering why the United States doesn't default on its massive debt. Can you explain it to me?
Of course! The United States is able to continue financing its debt because it is considered a safe haven for investors. This means that people and countries trust that the U.S. will pay back its debt in full and on time, which allows it to secure the necessary funds to keep the economy going.