“Can you see the US Taxpayer paying $1trillion per year in interest? $1.5 trillion? Me neither. It will never happen. The USA will default. Outright, via declaration.”
Yup. The real question now is whether default comes on our terms or not.
On the plus side, we did run up a lot of bills buying advanced weaponry. I suppose if you're going to go broke, best to do it while so heavily armed, the creditors will come knocking politely. ;-)