Is a US default inevitable?

Imagine four hurricanes hitting the East Coast in a single season. Well, according to Goldman Sachs CEO Lloyd Blankfein, that’s what the financial crisis of 2008 was all about. And that’s how “they” happened to be blindsided. Yeah, they never saw it coming, and somehow they “just missed … that home prices don’t go up forever,” in Jamie Dimon’s (JP Morgan) words. Ok, there were also those birds of