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Is the USA Going Bankrupt?

Thank God, no. The apocalyptics are shouting about our $40 trillion debt – which is enormous for sure, and much larger than is healthy. But $7.7 trillion of it is “intergovernmental debt” that the government owes to itself. Federal debt held by the public is about $32 trillion. That’s still a big number. But our national wealth is roughly $180 trillion. So our debt to asset ratio – which has been rising, is still less than 25%, and much lower th…

4 Articles

There is no «free lunch»; one can only delay the costs with debt. If the debt economy is overboard, this always harms the savers in the end.

·Zürich, Switzerland
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Trump has Helicopter Place built at the White House +++ Court clears the way for new constituencies in Missouri +++ Trump nominees Overton as Head of Drug Administration +++ The Newsblog.

·Düsseldorf, Germany
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40 billion dollars (828 billion dollars) Oznámilo to and středu večer americké ministerstvo financí. Prudce rostoucí náklady na obranu, sociální programy i splátky úroků daleko převyšují příjmy federálního rozpočtu, které navíc brzdí daňové úlevy, upozornila agentura Reuters s tím, že podle některých poserovatelů se schyluje k rozpočtové crisis.

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Handelsblatt broke the news in Düsseldorf, Germany on Thursday, August 20, 2026.
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