Den 28-12-2012 23:43, Jim Thompson skrev:
US Budget for Dummies.... (from http://tinyurl.com/cv3wlwx )

No matter - The USA is going to default on the debt anyway, which means
that the rational policy is to run up as much debt as possible and use
it to aquire assets and influence before the inevitable default!

Defaults happen all the time - about 200 times from 1900 to 2000.