(Genuine questions here!) Is paying less interest an option? Either "refinancing" the debt at lower interest rates, or simply declaring that existing bonds will be paid out at a lower rate? People will presumably still want to hold US Treasuries because of their other properties.
Also Japan has a debt to GDP much, much greater than the US, and still seems to function fine as a country, so how do they do things differently?
Also Japan has a debt to GDP much, much greater than the US, and still seems to function fine as a country, so how do they do things differently?