Theoretically, if the U.S did default on their debt, what would happen to the world economy? How would an investor minimize the damage?

Hello everyone, this is simply a question, I am still going to buy VEQT regardless of what gets said here, I just want to learn.

How would an investor come out of such an event unscathed, or even benefit? I would imagine that the stocks of many large companies would contract and the US dollar itself would be harmed. If this snowballs and it starts damaging foreign currencies, and in turn, foreign companies it seems like there's almost no way to avoid it.

Are there countries/industries that would be impacted less or not at all? What would you do if you knew, for certain, that it was coming?

(This is just to learn about the markets, don't lambast me for trying to time the markets or anything like that)

submitted by /u/seanliam2k
[link] [comments] https://www.reddit.com/r/stocks/comments/13q491d/theoretically_if_the_us_did_default_on_their_debt/
Created 2y | May 24, 2023, 12:20:41 AM


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