It seems as though for a very long time we the United States government has spent with no regard to a day of reckoning. The question is, what are the real tangible consequences of this continued behavior? It seems that nobody knows for sure what the end result will be. I assume the continued weakening of the dollar and rising interest rates but will the U.S. ever default? Will we ever be downgraded to a point of not being able to continue to borrow or print money?