Some people are not that dependent on the government. We exist in spite of the government. The government is always in debt that is nothing new.
On a national balance sheet basis; the US government with all US persons and businesses assets less all liabilities -- the USA is in very good shape as a country -- that is why people all over the world invest their money here. We have a high net worth -- the issue is liquidity most assets are fixed and not liquid. Real Property as well as equipment and fixtures are not liquid. Debt can be refinanced as the assets are in place -- US citizens own most of the government debt. So, we are mainly in debt to ourselves -- we don't owe YOU jack-shit unless you hold US Treasury Bonds.
Why are you so obsessed with the USA's problems -- you live thousands of kilometers away?
We fart and you sniff? What's up with that?
U.S. National Debt Clock : Real Time
The sky is falling -- go away chicken littles!
There are winners and losers in every game ... If you don't think you are winning change how you play the game. The game will not change for you
