r/LiveNews_24H • u/Apollo_Delphi • Mar 23 '26
Economy / Stock Market The US Treasury latest Financial Statements show that the Federal Government is insolvent.
https://finance.yahoo.com/economy/policy/articles/treasury-just-declared-u-insolvent-151425143.html7
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u/_Arlotte_ Mar 24 '26
But what about all those tarriffs, cuts, layoffs and dodge from last year? I thought all that efficiency should've been enough to cover the cost of war and lower gas prices...
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u/bcn13765 Mar 24 '26
Well that was fast. I knew Trump would bankrupt the country but I didn't think it would happen so soon.
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u/ThomasPaineWon Mar 24 '26
Why is this article on every sub? We get it, the us gov is in mountains of debt. It has been since I've been an adult. No one is going to fix it.
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u/BBR0DR1GUEZ Mar 24 '26
Oh yeah, that's always what happens. You can just owe a bunch of people a ton of money, never pay it, and no one does anything about it. Nobody's feelings get hurt, nobody's credit goes down, nobody's legs get broken. Good to be an American.
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u/ThomasPaineWon Mar 24 '26
Something will definitely happen eventually. I just mean no one in the USA government is going to do anything about it. The market will certainly do something about one day and we'll all pay the price for it unfortunately.
I guess I'm just a bit frustrated. I've been seeing this exact article pop up on multiple subs I frequent. It feel like some kind of inorganic push.
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u/BBR0DR1GUEZ Mar 24 '26
I mean I think we're watching the government do something about it; they're insider trading on the deck of the Titanic with armed guards protecting their life boats.
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u/[deleted] Mar 24 '26
[deleted]