What If The U.S. Defaults On Its Debt?

The U.S. government has never defaulted on its debt, and it’s unlikely it will default this time either. But if it were to happen theoretically, it would have severe consequences for the country's economy and global financial markets, from rising interest rates to lower stock market prices, and from higher inflation to the end of the U.S. Dollar dominance. What can one do to prepare for such a disaster? Academics have differing opinions, but in real-life practice, our one go...