Ask 10 economists for an opinion and you'll get 10 different opinions.
Would the US economy survive well, with the massive loans stopping?
Whose stupid enough to try it????????????????
No money to pay Government workers from park cleaners to politicians, Social benefits, medical, Government schemes, arms, equipment for Government use from a note pad to Airforce 1, trips to Mars and a million other things. Like toilet paper to Stealth Bombers to Nuclear Aircraft Carriers.
OK some of it would carry on, but your taxes would go sky high to make up the difference or the riots on the streets would need the Army and Police to quell.
And they are the ones holding the rocket launchers in amongst the mob.
Think about it.