Is the US default a reality?

[Unbunplease]

It was obvious that the default was just a political game. This game was also played by the stock market sharks, who panicked and bought the stocks they needed on the cheap. Once again the truth was confirmed - if you want to make money in the market, you should not give in to panic, otherwise you can just lose money.

[koleusdat]

Well, enough time has already passed with information about the possible. default, as we see, there are no changes.

[DrBeer]

Well, enough time has already passed with information about the possible. default, as we see, there are no changes.

What's so surprising? There will be no default, not for the foreseeable decades. there is no real reason for it. there is hysteria, there is manipulation, there is "issue resolution", but there will be no real US default, neither on domestic debt, much less foreign debt.
It is more interesting to watch the reaction of the world's pariahs, who are jumping for joy, promising "well now, the U.S. is definitely finished.  Nothing happens, and all these hysterics stick their "tongue up their ass" and keep quiet until the next hysterics

[Litzki1990]

Due to the global dollar crisis, inflation-like events are becoming frequent in various countries. And this phenomenon may increase further in future more inflationary phenomenon may increase in different countries. Inflation is being warned in advance in various countries around the world so that people can deal with inflation but many people are still not paying much attention to this issue. I have seen such cases before, before the emergence of the coronavirus, everyone was warned in different ways about the corona virus, but no one paid attention to this warning, as a result of which a large number of people in the world died due to this virus. 
So we cannot make this same mistake again. We need to be aware of this in advance and we need to plan how we will live our lives during inflation.

[Mario Yamasaki]

Now all the news is writing about a possible default, is it real in the modern world, or is it information propaganda? How do you feel about this situation and what will happen for the rest of the world, you should be afraid of inflation or subsidence of the entire market. how to act in this situation and not lose money? It is worth now to run to withdraw money from the account or change it to the currency of other states. What kind of alignment awaits and what to analyze in general. Perhaps the extreme situation is a technical default, which does not pose a particular threat, but you need to prepare for non-standard options for the development of events.

I'm sure the US economy is still strong and doesn't worry me even if I keep assets in USD, as the world's economic and political ruler, of course the USA will try to protect the USD, even when there are many countries that don't have diplomatic relations with the USA but they still trust and transact with USD.

[NotATether]

I'm sure the US economy is still strong and doesn't worry me even if I keep assets in USD, as the world's economic and political ruler, of course the USA will try to protect the USD, even when there are many countries that don't have diplomatic relations with the USA but they still trust and transact with USD.

The only reason all these countries are still transacting with USD is because they literally have no other choice - except for European countries I guess, they can just use Euros and get away with it.

Literally bringing a new world currency into the mix such as bitcoin threatens the existing order, and that's why everyone who is US-aligned are hostile to most "challenging" currencies that are not the dollar. (Interestingly, BRICS-aligned countries are also hostile to Bitcoin, but that is only because they want to prop up the BRICS currency.)