If that's the case and the US gov must pay whether or not it can borrow more money, then that must mean hyperinflation is on the horizon. They will simply print in order to pay the bills.
Also, about the 14th, could foreign lenders be considered some sort of act of insurrection or rebellion against the U.S. in that they are knowingly lending us money that we will not be able to repay, therefore putting us into a very bad and risky financial situation? Sure, our politicians have done it to us, but the foreign lenders are aiding them. Maybe all that debt is void.
In that case, maybe hyperinflation or maybe war...
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