Replies to post #12253 on Nothing But Politics

[sylvester80]

>>>Did the US ever in its history default its debt?

Good question. I don't know about the U.S. ever having defaulted on its debt (we used to be the biggest creditor rather than debtor long time ago) so I can't answer with a definite yes or no. Doing a quick google search I found the following:

http://www.jubilee2000uk.org/jubilee2000/relief_before.html

http://www.mises.org/fullstory.aspx?control=1328