Despite Treasury Secretary Scott Bessent’s recent assurance that the U.S. will “never” default on its debt, history tells a different story. The U.S. has actually failed to meet its financial obligations several times since 1789, including during the War of 1812, the Civil War, and the 1933 gold clause abrogation…
Rising Debt, Rising Doubts: Why Investors Are Questioning U.S. Treasury Bonds

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