[mick]

Print more debt don’t you mean, FRiend ??

[Skepolitic]

The following is excerpted from the comments below the video:

U.S. Is Bankrupt and We Don’t Even Know It: Laurence Kotlikoff - Bloomberg.com

"Congress has been very careful over the years to label most of its liabilities “unofficial” to keep them off the books and far in the future."

INSERT CONGRESSMAN'S NAME HERE, this is exactly why the people operating Enron went to prison. Do you believe that Congress is held to a lower standard than corporate management?

Of course, the correct answer is, "Yes. Congress has no management standards and very few ethical standards."

[tired1]

You are correct. And technically (unfortunately) the US will not go bankrupt because it is the world’s reserve currency.

However, the debt remains to be dealt with.

While we’re at it, the Federal reserve note is NOT fiat currency - it is a debt instrument.