[DangerZone]

And what happens when the creditors refuse to loan us any more money? How do we make up for the trillion and a half annual deficits?

[allmost]

We are loaning ourselelf money at this point. QE is a ‘good numbers’ loop. They can't lend it so they invest it. Drives up commodities. %40 of the gasoline price everyone is now paying is due to QE.

[XEHRpa]

Borrow a little money, you’re a debtor.

Borrow enough money, you’re a partner!

The default will come exactly when our lending “partners” refuse to lend us more. And that is because our politicians ALWAYS take the path of least resistance...and that means spend, spend, spend. We are spending junkies. It will not end well.

[KoRn]

"And what happens when the creditors refuse to loan us any more money? How do we make up for the trillion and a half annual deficits?"

We'll just print ourselves some more money. We've already been buying bonds from ourselves via the Federal Reserve. They'll just continue to do it until we need a suitcase full of cash to buy a loaf of bread....