Life for Americans right now seems to be like this:

You're living paycheck to paycheck

Your company is living bailout to bailout

Your government is living war to war

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Because of the size of political & military power, the last one does not match my country’s condition, however, 1&2 phases have happened in my country too.

Nowadays, many companies have faced they can not roll-over all of their debt and are requested to activate the chapter 11.

that about sums it up