One of the only reasons we have been able to avoid a debt crisis in the US is because there are other nations around the world with bigger debt problems (i.e. Greece, Italy, Spain, Portugal, and Japan). The dollar and US treasury bills are still more solid than most other currencies or investments around the world. Do not expect this to always be the case. Printing more money can only carry us so far. Unless the economy rebounds quickly, additional revenue is generated, or spending is drastically cut, we are in for a rude awakening. Debt is debt and at some point, the piper has to be paid. To think otherwise is very naive and unsubstantiated.