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Warren T asked in Social ScienceEconomics · 2 months ago

What would happen if the world stopped buy the debt of the United States?

4 Answers

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  • Oiy
    Lv 6
    2 months ago

    The dollar will go to the bottom and the interest paid by the US will be skyrocketed. It would be the same as the Pound Sterling in the 70s.

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  • Pearl
    Lv 7
    2 months ago

    then we might be in trouble

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  • Zirp
    Lv 7
    2 months ago

    If the USA would stop getting deeper in debt faster than anyone else... there would be a huge recession and NATO could fall apart

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  • Rick
    Lv 7
    2 months ago

    the world-wide trade based on the American dollar would suffer, but wouldn't hurt us ........................

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