How can the US not default?
Logically, there is no way the principle can be repaid. The point will soon be reached where the interest on the debt cannot be paid. How long after that occurs will it take for our creditors to openly acknowledge it? When they do, down comes the house of cards. We could see genuine anarchy.
I agree. It’s a bigger house of cards than the banking, lending, mortgage buying house of cards. It is a pyramid scheme.