@freepatriot This is a very interesting question. Will it implode? Will there be a controlled and slow decline? Or will there be a socialist revolution, where half of everyones money is expropriated and used to pay off a big part of the countrys debt over night?

One must remember, the US debt is 35 trillion dollars, however... the GDP is 30 trillion.

That means that a strong leader can pay off the debt in no time, and yes, the people will suffer enormously, but the debt will be paid off.