re: Can the USA go into more and more debt forever?

There were no bidders for the CMO derivatives that wrecked the market and broke wire houses that had been here a long time. Where were all our foreign friends then? Sure somebody will bid on the bonds but at what price. At some point in time there will be a market cleansing of our debt. It's the only way out. We are not willing to take the pain to pay it thru austerity measures. At some point the dollar will lose alot of value or we'll hyperinflate or both. I'm 57 I doubt it happens in my lifetime but at some point it will happen. China holds 1/6 of our bonds held by foreign govs.. That's alot. As a side note I still can't believe that Aramco is allowed to 100% own and operate Motiva. If that isn't a national security issue I don't know what is. You may gather I don't have a lot of faith in our gov. and you'd be correct.