Karadjgne :
To correctly understand the answer, you'll have to learn the correct terminology. In AC power there are 3 electrical paths, hot-neutral-ground.
Not necessarily; an isolated transformer will have two cables with an AC voltage between them, but no connection to ground, and neither is 'hot' or 'neutral'. We usually ground one of these conductors, making it the neutral, or ground
ed conductor - the other is now the 'hot', or ungrounded conductor.
In DC there are 3 also, positive-negative-ground. Negative and neutral are sometimes confused with ground and sometimes used by grounding. In a psu, after the AC-DC conversion, there should be nowhere that negative touches ground.
Negative is, by convention, generally connected to and shares the same conductor with ground. Grab a multimeter - you'll find that the ground pin on the plug, the black ground wires in your PC, and the metal chassis are all connected.
In a double-insulated supply like a phone charger, the negative output wire will be connected to the device's ground plane (the outside of the USB cable, and the case), but not the input ground because it doesn't have a ground pin.
Ground serves 2 purposes, first is safety, a pathway back to source in the advent of component failure, and the second is antenna. Any and all outside rf /static frequencies that would induce/interfere with the workings of the psu are shunted harmlessly away.
Safety is the main one; unless the device is double insulated, the chassis must be grounded (or in some cases in the US, on a GFCI). This ensures that a single fault cannot make the chassis live, because it would trip the breaker.
Negative is different, that return path carries the unbalanced load, the leftovers from what's actually used.
Not really the 'leftovers', just the return current.
A psu will work ungrounded just fine but not for long. What'll invariably happen is static charge will build and have no outlet until it creates one somewhere via short to a powered component where the differential in polarities will act as an attraction, like 2 magnets. Bye bye motherboard
So how does a cellphone charger work? No ground there...
Static dissipates naturally, and shunting it to either live or neutral via a MOV or similar works perfectly fine due to the tiny currents.
turkey3_scratch :
Where does the negative end up, if it's the return path?
On the low side of the switchmode output.