the US money expenditure structures and commitments have left her deeply in debt and almost in an infinite deficit...
...the medicare, medicaid and social security programmes are nolonger sustainable and are almost out of control...
...the US has participated in two major unnecessary wars within the last decade with extreme financial implications e.g the war in iraq has cost the American tax payer a whooping US$ 4 trillion, in Afghanistan a paltry US$ 1 trillion and other scattered conflicts have cost her another US$ 3 trillion... all these are being financed through depts...
...the recent financial melt down that resulted in some substantial bailouts has costed the US government almost a trillion dollars...
as of now the feds cannot finance the enormous deficit and as such the government is doing alot of money printing which in combination with other unfavourable fiscal factors will in very near future may lead to the total collapse of the dollar as the world reserve currency...
it is true @ bwenyenye that china, russia, france and japan met the other day to decide on another reserve currency and damp the dollar...if this succeeds then another financial meltdown that will make the 2007/8 one a toy, will be with us on the entire planet....only that this time USA will not recover...and social turmoil of unimaginable propotions will begin in the US cities...
...besides, the presence of a safe alone does not signify that there is money inside...