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richardhutnik said:
Wh1pL4shL1ve_007 said:
So what happens if a nation "Defaults"

It declares its current bonds worthless.  It means that the nation, if it ever needs to borrow again, has to pay a lot higher interest in the future.  In short, it says it isn't paying back the money it borrowed.

I wonder what would happen if USA deaults O.o

 

Maybe, homefront? but with chinese instead of koreans?



Yay!!!