Bankruptcy could be good for America

Bankruptcy could be good for America
Gideon Rachman, Financial Times, January 11, 2010
If the US keeps running huge deficits, sooner or later the country will start flirting with bankruptcy. Oddly, it might be best if the crisis came sooner rather than later, writes Gideon Rachman. For a surprising number of countries, running out of money has been the prelude to national renewal.

http://www.ft.com/cms/s/0/a8486284-fee9-11de-a677-00144feab49a.html?nclick_check=1