this post was submitted on 24 Mar 2026
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The Treasury just declared the U.S. insolvent. The media missed it (fortune.com)
submitted 2 days ago* (last edited 2 days ago) by spaghettiwestern@sh.itjust.works to c/progressivepolitics@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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[–] Chais@sh.itjust.works 6 points 2 days ago

He told you he would run Amerika like one of his businesses. Not sure what you expected would happen.