There can be no good outcome to the global escalation of debt...debt that no country, including the USA, has any intention of covering. The collapse, I expect, will be camouflaged by the fog of war, and the USA will be the prime target.
Why, you may ask? Of all the countries in the world, we SHOULD have been in a position to be able to pick up the pieces, economically. Instead, we've been doing our best to catch up to Greece. Rightly or wrongly, we'll be blamed when the global ponzi scheme becomes irredeemably unsustainable.
I grieve for my country.
We are dead as a country. The Communists won and minorities and crazy liberals cheering them on.