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Why does the United States have a high debt, but it has no intention of paying it back?
According to the latest news, the debt of the United States has reached 2 1 trillion, but this is a very huge figure, and the United States can't afford the debt at all.

Isn't America bankrupt at this rate? It won't go bankrupt. The dollar used to be the universal currency. Many countries regard the US dollar as an important foreign exchange reserve. If the United States has no money, it can issue bonds, borrow new debts and pay off old debts. Anyway, someone buys it, and it doesn't have to worry about paying back the money.

Supported by strong economic strength. The annual GDP of the United States is $8 trillion, and the per capita GDP is among the highest in the world. From this perspective, it will not go bankrupt. If there is no money, the US Treasury will issue bonds to balance the fiscal deficit, maintain the integrity of various infrastructures, ensure the stability of the social security system, improve the investment environment, attract more talents, introduce more investment, and ensure the healthy development of the US economy.

The dominant position of the dollar in the international monetary system makes it easy for the United States to borrow money, repay foreign debts and balance debts by issuing dollars. Americans have different consumption concepts. They never save money, but they like to borrow money. With a sound social security system, they don't have to worry about paying back the money.

Because of the high credit of the dollar, its bonds must be bought. For example, China bought its bonds of more than 3 trillion dollars, and many countries besides China bought their bonds. This is a credit in dollars. If small countries are going bankrupt and no one buys bonds, it will be like waste paper and no one will be cheated. The dollar system is also very creditable. Internationally, the United States will not worry about not being able to borrow money, because it is supported by economic strength and worthy of trust. It is easy for them to borrow money.