Governments that do not pay debts are still able to easily borrow on the international bond market.

Name: Governments that do not pay debts are still able to easily borrow on the international bond market.
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Governments that do not pay their debts are considered risky borrowers and are less likely to be able to borrow money on the international bond market. If they are able to borrow, they would likely have to pay higher interest rates to compensate for the increased risk.

Governments That Do Not Pay Debts Are Still Able to Easily