Danger signs for U.S. dollar

[joanna bujes]

I hypothesized that if the dollar were devalued, our debt would become less 
expensive, but I was just stupidly translating what happens when other 
currencies are devalued into our own case.

Thinking about it a little more closely, since our debt IS measured in 
dollars, it wouldn't be affected by the devaluation per se, but it would be 
affected if interest rates climb in order to halt capital flight. In that 
case, financing the debt would become more expensive, right?

Joanna