When Germany couldn't pay its war debt...it printed money. Our only way out is to intentionally crash the world system. This will lead to war...they are hoping for debt forgiveness. Silly liberals.
WE will need very, very strong leaders in 2013. Let us pray for wisdom in our nation's elections.
I too doubt there will be a jubilee (Old Testament word - debt forgiveness), thus the other opinion is left.
We're in deep trouble here as a nation, and need to stop this spending and borrowing binge NOW. Congress will have to cut 40% from the federal budget, and the president will have to take the lead here. Entitlements will need to be reformed sooner rather than later. It will be bitter medicine, to be sure, but the country will survive and be much stronger in the end.
We also need to find out where all this money is really going. The fact that the deficit has gone from $400 billion to $1.6 trillion in only three years is just plain crazy.
Who got that money? Where did it go?