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Q&A: Government default

Q: You have stated that the government will eventually default on its debt. Does that mean that I should cash out my U.S. savings bonds—i.e. would the government default on these bonds? A: Government...

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Q&A: Debt-to-GDP and government default

Q: Is there a debt-to-GDP ratio that becomes a trigger for government default? And if so, what is it? A: There is no specific tipping point for the reason that the Fed can buy the federal government’s...

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