[Renfrew]

“because that debt that cannot be paid will not be paid.”

But it can be inflated away. Halve the value of the dollar and all of a sudden our debt gets back to being manageable. That is what they are doing right now.

It’s not good for Americans, but it does mean there is no chance of a default.

[DoodleBob]

If you go to this link, youll see that the federal debt is sort of an issue but it's not insurmountable.

Circa 2013, These technically recoverable resources total 1,194 billion barrels of oil and 2,150 trillion cubic feet of natural gas that is owned by the federal taxpayer. At $100.00 per barrel of oil and $4.00 per thousand cubic feet of natural gas, the oil resources are worth $119.4 trillion and the natural gas resources are worth $8.6 trillion for a grand total of $128 trillion.

This would tackle the extinguishment of the debt AND unleash an energy wave of prosperity.

So it IS a problem BUT it's not TEOTWAWKI. They want you to think that way, though.