Who are we talking about? The commander in chief.the LEADER of the free world. The most powerful man on the planet..

Not sure you understand how economic systems work. Looks like you, Greenspan and Bernanke have something in common.:1orglaugh

Greenspan and Bernanke aren't Canadian. :)

The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void. ?Section 4 of the Fourteenth Amendment

Oh and Warren Buffet too.

It would be a disaster and would fuck up the balance, but technically they could. The US would definitly lose it's status as the world's reserve currency quickly thought.

With a 4 % sales tax your whole national debt would be repaid in a few years. Logically, you guys aren't even close to defaulting right now.

Your politiccal system is just so polarized that it makes everything highly political and explosive, and in the end, nothing gets done because both party are destroying each other's work.

Both good actors! :thumbsup