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  "path": "/opinion/bryan-brulotte-america-is-quietly-and-softly-defaulting-on-its-debt",
  "publishedAt": "2026-02-12T11:00:59.000Z",
  "site": "https://nationalpost.com",
  "tags": [
    "Read More"
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  "textContent": "No serious policymaker in Washington is proposing an explicit default on U.S. debt. That would be reckless and unnecessary. Instead, the United States appears to be pursuing a more subtle strategy: a soft default, reducing the real value of its obligations through currency depreciation, negative real interest rates and accounting choices that quietly transfer costs to creditors and households. This is not a conspiracy theory. It is a well-worn playbook that has been used by heavily indebted states across history. What is notable today is the scale, coordination and global implications. Read More",
  "title": "Bryan Brulotte: America is quietly and softly defaulting on its debt",
  "updatedAt": "2026-02-10T17:38:09.000Z"
}