Will the US Default ???

Here is an analyst who believes that a US debt default is "inevitable":

http://www.arabianmoney.net/banking-finance/2014/02/23/the-inevitable-debt-default-ahead-for-the-us-uk-and-japan-makes-the-eurozone-look-cool

I happen to agree with him. It will happen ... it is happening:

• QE is devaluing the dollar, which amounts to a type of default.
• The cutting of food stamps, the shrinking of our military, the attempts at cutting Social Security and Medicare all are types of default.

Actual default by the federal government is not far off. I abhor it, I hope it never happens, but as the analyst said our debt to GDP ratio is just too high ... and the feds waited too long to start addressing the issue.