Despite nearing historic highs, and despite US poltical antics, people keep buying US Treasury Bonds, which is an indicator of faith.
But you're right because: people have faith right up until they don't.
But you're right because: people have faith right up until they don't.
http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf
Now they're on the Euro things may well be different. Never give away sovereignty over your currency.