this post was submitted on 23 Mar 2026
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Economics

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The Treasury just declared the U.S. insolvent. The media missed it (fortune.com)
submitted 1 week ago by CubitOom to c/economics@lemmy.world
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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.

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[–] ScoffingLizard@lemmy.dbzer0.com 6 points 1 week ago (1 children)

This is kind of stupid. We're solvent. There are bases all over the world. Lots of resources to rape. Basically, this only means that BRIC countries make their own currency, people stop buying worthless US shit bonds, and the world economy slowly suffers as the US sucks the life out of everything to give Israel money for the death cult.

Eventually, a new currency arises, the world moves on, and the US becomes a huge isolationist North Korea with the Handmaid's Tale going on.

[–] humanspiral@lemmy.ca 1 points 1 week ago

exactly! No problem whatsoever.