With such a large population base, USA should be able to pull it off relatively inexpensively.
{cough} Enron... Worldcom... {cough}
Even though it never happens? We don't have an enormous debt and deficit because the feds run things inexpensively.
Arthur Anderson, etc., etc. Like said, there are cheats and liars, but I trust a board of directors and/or business owners answerable to shareholders and consumers more than I trust the federal government.