“how long do you think it will be until we have an economic crash in this country similar to the one we’re seeing in Greece or Cyprus?”
The “economic crash” is due to the fact that Greece and Cyprus have given over their sovereignty to the EU. They no longer control their currency. Therefore, they can’t indulge in “quantitative easing” or printing money to pay their debts. They have to get an outside authority to print money for them. That entity is using its economic power to rape and pillage. Unlike the barbarians who overran Rome or the crusade which captured and sacked Cyprus, this raping and pillaging is antiseptic and done remotely.
The US can and is printing its way out of debt. Yes, it will lead to a crisis, but probably not a collapse. Other factors must combine to make it a collapse. For example, foreigners refusing to finance our debt or demanding payment in their own currency.
I think the point is that the “debt” in at least Greece’s case, as far as I know, is from unfunded public-sector pensions and entitlements. The U.S. has more control in pushing off the repercussions of this, as you point out, but we are still going the same way, and there will be consequences.
The author is correct. The Liberal cannot answer these questions because they have been indoctrinated as he describes to not allow the logical connections in the questions. Try asking these to a Liberal. You will always get an illuminating display of a mind entering the state of Hysteria.
Rape, possibly. Pillage, not so much. Unless you believe pillage consists of spending the pillagers' money to bail out the pillagees.
The truly ludicrous part of the EU mess is that ALL parties are made worse off by the desperate efforts to prop up the euro.