Why did the nation need to pay off its’ debts?

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Why did the nation need to pay off its’ debts?

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Answer:

Nation needs to pay of debts because they need to do what's right. In World War 1, Germany needed to owe other nations for winning the war and Germany losing.

Explanation:

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Alexandro Rau
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answered 6 months ago
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Answer:

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Explanation:

If the U.S. paid off its debt there would be no more U.S. Treasury bonds in the world. ... The U.S. borrows money by selling bonds. So the end of debt would mean the end of Treasury bonds. But the U.S. has been issuing bonds for so long, and the bonds are seen as so safe, that much of the world has come to depend on them

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Magali Rosenbaum
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answered 6 months ago