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US could go bankrupt?

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on http://biz.yahoo.com/ap/090322/obama_economy.html?sec=topStories&pos=1&asset=TBD&ccode=TBD ihave just read: GOP lawmakers: Bankrupt US, weak dollar await country if Congress approves Obama's budget What would happen if the US dollar weakened a lot? How would it affect the South African economy?
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No country can ever go bankrupt,they just carry on in their mess and devise new terms and eventually people forget about it and are happy to do business with that country again....tecnically bankrupt in the last decade were north korea and the Congo!Now every one is rushing to do business with them!
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Your link is actually http://finance.yahoo.com/news/GOP-predicts-doomsday-if-apf-14710944.html. Having the US turn into a financial black hole is of course not good for anybody. But a weakening dollar might be better for us as a resource producer. And developing economies/gold is one of the few other remaining destinations for sellers of T-Bills.
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Your link is actually http://finance.yahoo.com/news/GOP-predicts-doomsday-if-apf-14710944.html. Having the US turn into a financial black hole is of course not good for anybody. But a weakening dollar might be better for us as a resource producer. And developing economies/gold is one of the few other remaining destinations for sellers of T-Bills.
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