It's not an independent country. There are 49 other states and the federal government to step up and give them help to stay afloat.
If it was an independent country it would be Venezuela by now.
"We" won't let it fail and because they will never experience the full impact of their bad choices they will keep making bad choices.
Uncle Moneybags will always be there to bail them out of the mess they're creating.
Prolly so.