RE:Let the truth be told Classic Sophie's Choice: sacrifice the local economies, or prop them up and sacrifice the purchasing power of the USD.
I think it is painfully obvious that the US will never be able to repay its debt, at least not in real terms. They can inflate away the debt with worthless company scrip issued by the Federal Reserve Bank.
Real interest rates will be so negative in the future that only idiots will preserve their wealth in failing fiat. Got gold?!