I guess whether it's an terrible investment depends

on the investors.

Fortunately, the political system of U.S. provide the safty guard to rein in the runaway train. There is a congress to check what he's doing. even when congress's not working, you only have two more years to wait before changes happens. Look when Bush ran too far and congress didn't do anything to rein him in, congress got a make over in 2006.

I believe that there is a reason that American are more willing to take the risk both in business and political area. Have to thank the genius of the founding fathers.