It's serious the usa are in situation to default but nowhere info?
The news should look this," people we are in the real trouble and we are about see huge financial collapse and fed having the problems no easy fix "
I mean news are full of other news wich is not even so important compared with this one.
The USA financial system is now close to collapse we are few days away from default.
In this case only way untfortunately will be full scale war.
The amount of debt ....it can not be balanced out with small crisis.
It's been one week since you posted this forum thread. Did the US financial system collapse? I don't know where do you read "doom and gloom" news and which "prophets of the apocalypse" are you following on social media, but you have to always be a bit skeptical about such news.
The US financial system can survive at least 20+ years before it starts collapsing. Have you heard about the "dollar milkshake theory"?
According this theory, the US financial system will keep pumping resources from the world in order to survive and the dollar will keep dominating the global economy in the next decades. I don't know if this theory will turn out to be true. Let's wait and see what happens.