It's all part of the illusion and anyone that falls for it deserves what is heading for them.
Dan Norcini sums it up:
Pennsylvania State Capital Mulls Bankruptcy as a Budget Option.
Lets see that now makes California, New York, Michigan, Illinois and Pennsylvania in the headlines within the last few weeks. But little ol Greece has debt problems so the Dollar is a safe haven. Yep makes perfect sense to me. I think I am going to immediately rush out and buy all the Treasury debt I can get my hands on I cannot think of a better safe harbor. Hedge funds probably wont question the safe haven status of the Dollar until the headlines read:
All 50 states considering bankruptcy as a budget option or
Punxsutawney Phil sees 6 more YEARS of winter frightened by a Dollar bill that drifted by his hole
