the $1.5 trillion annual deficit is enough money to pay 3 million people an annual salary of $50,000/year. Who needs jobs really to keep this economy moving when Obama and Bernanke each have a blank check to work with provided by the markets complacency over soverign debt. IMHO, soverign debt is the greatest bubble of them all and will dwarf the housing financial crisis when it bursts. We are past the point of no return i think. Each year we are able to tack on another Trillion to the national debt before the collapse, the worse the collapse will be If interest rates spiked to greece levels, just the interest on the debt would swamp everything. And when the collapse comes, tax revenues will be plummeting at the same time, making things worse. The entire world will be sent into a collapse i would think.