United States authorities bonds, or treasury payments, have monumental affect in all tradable markets, together with (BTC) and Ether (ETH). On this sense, the calculation of threat in finance is relative, so each mortgage, mortgage, and even cryptocurrency derivatives depend upon the price of capital attributed to US {dollars}.
Assuming the worst case state of affairs of the US authorities finally ends up defaulting by itself debt, what occurs to the households, corporations and nations holding these bonds? Failure to pay curiosity on the debt would doubtless result in a world scarcity of US {dollars}, triggering a cascading impact.
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