[skeeter]

There has got to be a catastrophic collapse at some point.

No economy can bear pressure as is being applied to our's indefinitely.

[kabar]

There has got to be a catastrophic collapse at some point. No economy can bear pressure as is being applied to our's indefinitely.

No doubt, but it is still a ways off. America is a rich country. A few months ago Mark Steyn wrote a column about America's addiction to the welfare state. Americans just don't want to pay the taxes to support it. As Mark put it, if they want a Norwegian style welfare state, they must be willing to pay Norwegian levels of taxation.

[St_Thomas_Aquinas]

-— There has got to be a catastrophic collapse at some point. -—

Well, it could also be a slow and devastating collapse.