The worst possible outcome based on historical precedent is the Weimar Republic and the rise of the Fascists in Europe, particularly in Germany, you remember Hitler right? His rise to power was made possible because of a complete collapse of the German Mark due to hyperinflation (and the massive public wealth destruction that followed). Think it cant happen again? Its already happening in Greece and Spain. Check out the latest episode of HBO's VICE series. With the amount of private gun ownership, I dont even want to think about the possibilities in the US.