government bankruptcy
Which type of bankruptcy is the Federal Government?
Are they morally or fiscally bankrupt or is it both? And if they are not morally bankrupt, then it them to be fiscally bankrupt, too? Not the two go hand in hand?
It's the kind of bankruptcy, where your budget is not bottomless. I would not worry . Make The U.S. has an unlimited amount of money, there is only limited "in theory". It's like Monopoly, where the game comes with a certain amount of money, a limit "theoretical", but in practice you can actually buy more money because it's not really worth anything. This "deficit" is actually only a count of "money" they have spent, it's not something you ever paid back or something. I know that if I owed billions would the bank to do it a little more than mild bother, and if I was broke, my budget can not be measured somewhere around billion, much less millions, thousands or even hundreds. Obviously the U.S. has an unlimited amount of money!
Government Motors: General Motors Files for Bankruptcy
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