Amid this worldwide crisis a topic that seems to have been shelved by the media was the looming potential for the US to go bankrupt in the next few decades. I was just wondering what others on these forums thought about issue? Do you see it happening? if so when? what implication would it have for the world? I tend to lean on the side of at this stage the US becoming insolvent is just a matter of time, I'm tempted to say that once this financial crisis is over and the world start returning to normal sometime in 2010, renewed focus will be on the US to steady the decline in the US dollar and to make significant inroads to its massive Budget Deficits and National Debt. Though with that said I can't help but feel it would all be too little too late. Short of their economy finding a second wind and starting to grow at 5%+pa for the next 20 years, along with significant increases in tax rates, reducing pension entitlements, virtually scrapping medicare entitlements (ie if you can't afford medical treatment you don't get it) and potential employing a mandatory euthanasia policy for all citizen above the age of 75 that are no longer financially self sufficient... even if all these measure were taken things would still be looking grim in the long term. Not a rosey picture for the good old US of A.