Of course this is true. The US MUST pay its obligations under the Constitution…it cannot default. Luckily, regardless of the desire for further borrowing, the US receives more than enough money to pay its debt service, which is the ONLY thing “default” is concerned with.
“The US MUST pay its obligations under the Constitution”
You seriously believe that anyone in DC or the banking system could care less about the Constitution in the event of a true catastrophic financial crisis?
I would bet that word (”Constitution”) is never spoken even once in any of the panic meetings.