Except to say that, "You say that like its a Bad Thing".
Well, yeah, I have to say it will be a Bad Thing. But perhaps not for the reasons you think I'm saying it.
When America's financial infrastructure goes down the tubes, it is going to take the whole world with it. Imagine the hardships of the 1929 American depression, and extend them worldwide, to a world far more dependant on a global economy than it was 75 years ago, to a world far more vulnerable to failure of whole systems -- transportation, food production, communications, law enforcement, production of any and all trade goods -- more vulnerable because of that interdependance.
Do you remember the historical method of ending depressions? When the war that ends this one is over, there may not be anybody left to remember how or why it started.
tanstaafl.
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"There Ain't No Such Thing As A Free Lunch"