congress is again 'debating' about increasing national debt limit. the conclusion is that if US does not push debt limit high enough, US has to default by the end of March or so. The overal idea is the gov has to borrow big new money to pay interests and other costs.
what a hell is it? this is a standard Ponzi scheme. if you put all of your assets in US dollar, you must pretend not to see what is clearly written on the wall.