Possibility of Bankruptcy for the United States?

The United States has been on a debt binge for quite awhile. How will we pay for our future obligations? Please take the time to review some possible solutions by Laurence J. Kotlikoff in a report from the Federal Reserve Bank of St. Louis Review.

Here is the link:http://research.stlouisfed.org/publications/review/06/07/Kotlikoff.pdf

Tell us what you think..............