It is no secret that the United States faces an ultimate challenge to revamp its economy and pay off its debts. Some “Dooms Day” advocates are actually predicting when the looming collapse of our financial demise will come. This debtor most likely has read some of the Dooms Day prophecy and reported this stance on his personal economic outlook when he wrote in a bankruptcy forum discussion, “My wife and I have about $20-24k in CC debt.