this is a good video to start of the discussion.
http://www.youtube.com/watch?v=pAJeZaFdbJA&feature=fvst
its marc faber, a billionare hedge fund manager, who really knows his stuff.
He basically believes that most governments in the world will end up defaulting eventually.
I think many will, such as the P.I.I.G.S. (portugal, ireland, italy, greece, spain... but I have a hard time thinking that all economies will default.
The point i wanted to make is that when economies do fail and the world goes to war, AMERICA is where you want to be. Our military can take on the rest of the world combined. So even if you are not proud of that, you fucking better well be thankful for it.
Part of what the first 2 world wars were about were because technology was reaching the point where because of nuclear weapons and jet aircraft, icbms, it became very feasable for the world to be under control by 1 country forever. Hitler probly realized that, and many think that the united states entered the war because they knew that too.
but anyways, i think the reason the us dollar has not completely collapsed under the printing press is because the united states military is 10 times as capable as the rest of the world combined. So yeah, bring it kim jong, bring it china, bring it russia, we will fuck you up if you ask us to pay you back.