BOB KRUMM: What Washington really fears: being out of money and out on their ass. “Conventional wisdom on both sides of the Atlantic is that an immediate failure to address the liquidity problems faced by both Athens and Washington will plunge the world into a new era of darkness. Conventional wisdom, as it so often is, is wrong. The problem is not illiquidity; it is insolvency, and it is a problem shared to some degree by not just the governments of Greece and the US, but by most Western nations around the globe.”