Yes sir Preofessor.
They is the top of the secured creditors period. The secured ones come after the gubmint. You are exactly on point!!!
BUT, whne da gubmint cannot continue to pay an interest payment on the debt, I bet it will just be erased on the books and start over.... Almost would bet the farm on it...
What are the creditors going to do? Sue them? What are they going to get? They don't have anything...
I believe in physical real money in the form of coins.
Not just what our mint stamps out. That always has value..
Silver coins are a great investment. I believe better than gold...
What you think Professor???