I am under the impression #3 is the most difficult.
https://www.quora.com/What-happens-w...t-pay-its-debt

Seems easy to say- we aint paying- but the consequences IMO are based on conspiracy theories- difficult to prove- meaning there are shadow/clandestine organizations that almost work for the central bank the way hairy knuckle dragging Gweedo the Italian shows up at Joe Blow's house cause he didn't pay the mob.

Wars can be forced on a country- bonds can be rejected- then a domino effect- but hey- IMO this means those who rebound know not to ever attach themselves to a bank- they have no control in raising lower interest, prevention of recession, we forfeited all that- because somehow we think it is smart to say I don't want some politicians deciding that.
Yet elect them and only know the name of the Fed Chairman, nothing more...

Anyone got any solid info- on what happens when sovereign default occurs?

I am not in favor of a central bank the people can't identify. I am not in favor of a government that wants to attach itself to a gambling system. want a stock market, fine, but don't attach government to it.
So be it 1929 or 2008 if the stock market crash- that shit is supposed to impact stock buyers, not people who don't give a rats azz about it.

But because we have given ourselves up- then turn around & say thinks like I don't want a globalist this or that...damn U got it already! USA fucks up...other nations got to bare that brunt- no way in hell can one find Thomas Jefferson, Patrick Henry, Thomas Paine to Andrew Jackson who thought anything other than...shenanigans' by cronyism.

Not sure if GOLD standard is best to get back on- but whatever resources we have in abundance- would be used to match the printing of currency-so we have something compensate @kirkland still around? Interested to hear his take or anyone working in the financial sector- I am just using fantasy to make my dream government, -on #3 that is!