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03-23-2021, 08:18 PM
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Sage
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Join Date: Dec 2012
Location: Somewhere over the rainbow
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Quote:
Originally Posted by retiredguy123
Yes, the debt can be replaced with new debt, as long as the U.S. has a good credit rating. But, at some point, a bad credit rating will prevent the debt from being replaced, or the interest rate will greatly increase, creating even more debt, and eventual economic collapse.
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Depends on who doing the rating and can they be brought off? 
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