I am still have my suspicions regarding this issue and whilst Greece owes a few bob and we all think that country is in dire straits the US debt is slightly more than just a few more shekels. The last time I looked it was in excess of $15 TRILLION??? I am guessing that is 'slightly' more than the debt that most countries owe but instead of taking fiscal measures to reel in this situation we are continually hearing reports of more ships, more aircraft, more technical advances....
Could it be that countries that might not be on the Christmas Card lists of the United States of America are actually playing mind games and getting this super power to go bankrupt?
If the Middle East were all of a sudden to sell its oil in either gold or perish the thought, the Euro then it would be Goodnight America! No shots would be needed, no blockades would be needed.
Just me thinking aloud whilst I am as high as a kite
$15,405,000,000,000 I am guessing that is the approximate debt but it is rising so fast it will be out of date before I blink..