After ducking Silberman's calls for three months, the desperate debtor eventually let Silberman negotiate with creditors on the debtor's behalf.

FORBES: Magazine Article

Today, America is the world's biggest debtor, which could undermine the dollar's role as an anchor currency.

ECONOMIST: A further steep decline in the dollar seems inevitable

It's certainly a better way to reduce the deficit than putting ourselves into a debtor's prison, and assume we can deflate our way to recovery.

WHITEHOUSE: President Obama Closes Forum on Jobs and Economic Growth