Argentina: Could It Happen Here?
Well, it is just economics. It could happen anywhere given certain policies.
Policy like the one they're debating today in the Senate. If you listen to the Republican portion of the debate and realize the spending boom government is headed for, it won't be long before we are truly bankrupt as a nation without great wealth transfer from the middle class to government in the form of taxes and fees.
It will be unavoidable, if it isn't already.