Economics

What a crap headline. Of course neither the US government nor or the fed nor the treasury is insolvent. The national debt is a large number, has been for a long time, and can be an even bigger number forever. Has nothing to do with insolvency. The fed will always be able to conjure money out of thin air so there can’t even exist a situation in which the government is insolvent. Whether the world economy will forever cherish the dollars they print as a reserve currency is a different question (no it won’t ), and something that deserves scrutiny and public attention. But stupid fearmongering articles like this don’t add anything of value to that discussion.