"Just because the money doesnt exist does not mean it cannot be paid off."
I want everybody to reflect on this line for a minute.
The people making "millions a quarter" do so because of a little thing called capital investment. They're making that money because they bought that house for you and you're going to spend your entire life paying it back with interest. Now, if they were to spend that capital on the national debt, you lose your house and your stupid family rots on the streets. Not paying the debt is the only way to sustain our standard of living because all the money that exists in the system is a consequence of debt.
In terms of the rankings, we are basically third world. It's just going to take a few years for the whole thing to collapse and the standard of living to drop to its rightful place. I'll be in Norway in 2 years so good luck here everyone.