Sovereign Debt Crisis Could Birth a Dictator

A pessimistic scenario for losing the open access order: chronic deficit spending and unfunded liabilities create an inevitable conflict between promised benefits and promised bond repayments; the US, being too big to find enough other people's money (unlike Greece), could suffer a sudden sovereign debt crisis amid frayed politics where people no longer see legislators or executives as legitimate, leading to street violence and a public willing to turn to a dictator to resolve it.