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.
Conclusion drawn a journalist. Not the treasury or even an accountant. It’s certainly not a good thing, but that’s not how that works at the level of a nation state.
It’s also Fortune, so the goal of the article is to push for austerity via constitutional amendment as framed by a republican congresswoman.
yup. i got about 3 paragraphs in before it was too bullshit for me. no professional analysis, sorry.
You seem to be saying reasonable things. Can you tell if this is… normals? Whatever that might mean.