Like most oblivious individuals, the USA owns a credit card where it can borrow lots of money with interest. But the bank that issued that credit card is different from a normal bank, in that it issues it's own kind of money with interest rates that control the economic or deflation of a whole country. The literally controls the economic production of a whole nation with it's interest rates. As with a credit card, the only way to pay the borrowed money (+ the interest), is if you make money either by doing a job or owning a business.
In terms of a whole nation, it is the GDP in which companies create, trade, and export goods. But when you get fired from your job, or in this case the debt surpasses the GDP of a country for too long, it is inevitable that the economic production of that country will never again surpass the amount of debt and interest which quickly accumulates over the years. The debt forever keeps growing and can never actually be paid. It's economic GDP will never exceed the amount of debt it accumulates which leads to only one possible solution. Declaring bankruptcy. Defaulting.
Even if the US economy was to actually recover which is virtually impossible with that sum of debt, the amount of taxation and regulations on businesses who seek to make profits cuts their ability to pay their workers and make considerable profits to continue their businesses. Which leads to lower wages, unemployment, and a bad economy overall. To top it all off, government subsidies and Wall Street bailouts destroy the natural traits of capitalism where businesses fail and other profitable businesses takeover to create better industries.
The action of of these policies indefinitely cause successive reactionary recessions which usually creates a false perception of real capitalism which lead some uninformed individuals to blame actual capitalism rather than the fake existing 'crony' capitalism.
I have an idea when all this may go down, but l hope it goes as smooth and has a fast recovery.
As DXY continues moving down towards 70.0, we may probably see an upward move towards 110.0 beginning in the last 2-4 months of 2014 (a phony deal or something of the sort gives traders good news to buy on). From there, we may see that upmove end and the collapse start around the last 3 to 4 months of 2015, ending around 2017-18. The American Dollar crash will likely be triggered by the preceding EUROZONE collapse that will make people and governments run to Gold , Silver and other non-fiat .
So... prepare yourselves folks! :D