Some possible consequences of a US government default

JR Hummel - Econ Journal Watch, 2012 - scholarworks.sjsu.edu
The US government faces a looming fiscal crisis. A default on Treasury securities appears
inevitable. The short-run consequences for the economy will be painful. But the long-run …

The consequences of a United States default or repudiation

JR Hummel - Economic and Political Change after Crisis, 2016 - taylorfrancis.com
Many now realize that the US government is rushing headlong towards a major fiscal crisis.
Promised future outlays, mainly for Social Security, Medicare (including Obamacare) and …