COLLAPSE - The US will pay over $5 trillion in interest on its debt over the next 10 years -NO EFFORT TO PAY DOWN THE PRINCIPLE, JUST INTEREST

The US will pay over $5 trillion in interest on its debt over the next 10 years. More than 14% of all revenue the government collects will be used just for that. Note there is no serious effort to pay down the principle, just the interest. Therefore, the debt will continue to grow until the interest approaches 100% of revenue; but long before that, the whole system will collapse. It will not be pretty.

http://money.cnn.com/2012/03/05/news/economy/national-debt-interest/index.htm