Just like the Soviet Union the US has also bankrupted itself on offense. Sorry, they call it defense even though all they do is attack and occupy other countries. The US spends more than the rest of the world combined on its military and spends $2,374 per capita each year. The next nine closest countries in military spending per capita average $80 per annum.
Yet millions of US citizens will rise to their feet and cheer as military jets streak overhead literally burning their money in front of their eyes. "USA! USA! USA... is bankrupt".
And, just like the Soviet Union, the US is destined to collapse. It is not an if... it's only a when.
Please continue reading at:
http://dollarvigilante.com/blog/2012/4/10/the-great-collapse-of-the-us-empire.html