Johnnyvibrant
Democracy Matters 
Fortune: “The U.S. government is insolvent. That’s not hyperbole — it’s the conclusion drawn directly from the Treasury Department’s own consolidated financial statements for fiscal year 2025, released last week to near-total media silence.”
“The numbers: $6.06 trillion in total assets against $47.78 trillion in total liabilities as of September 30, 2025.”
Kevin Karhan 
@DemocracyMattersALot that's >776% or about 3× Japan or 4× Greece…
Dave Ackley@DemocracyMattersALot
It may not be hyperbole, but it is kind of BS. it's a conclusion drawn FROM Treasury data, yes, but drawn BY a couple folks from a foundation with an axe to grind. it's just a rehash of the old "if your family spent like the government you'd be broke" riff, which ignores minor differences like your family generally can't inflate away debt.
yes the US government is all kindsa fucked up at this point, but that stuff isn't why
Kropotkinson (we are all 🇵🇸)@livcomp @DemocracyMattersALot
they would start a currency crisis of global proportions if they did that, as a downwards spiral of trust issues in the value of the dollar would rapidly lead to its abandonment by people who depend on its stability (i.e. financial institutions)
so to me it's like saying the US can win their wars by using nukes, sure it's technically true but the nuclear apocalypse that ensues defies what it means to "win"
Pomegranate_Stew@livcomp @DemocracyMattersALot
Also, they’ll use it as an excuse to cut Social Security and Medicare and social services rather than rein in actual waste or gods forbid, tax the wealthy.
Also, they’ll use it as an excuse to cut Social Security and Medicare and social services rather than rein in actual waste or gods forbid, tax the wealthy.