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America's Real Domestic Crash

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Yet again, The Fish rots from the Head onward, the Fortune Article makes it very plain...

The United States Government is completely INSOLVENT. That’s not Hyperbole — it’s the conclusion directly from the Treasury Department’s own consolidated Financial statements for Fiscal Year 2025, released last week. The numbers: $6.06 Trillion in total Assets against $47.78 Trillion in Total Liabilities as of September 30, 2025.


Importantly, the $47.78 Trillion in reported Liabilities does not include Unfunded Obligations like the Entitlement System of Social Security, Medicare, and Medicaid —those are disclosed separately in the Statement of Social Insurance (SOSI).

The Government’s consolidated Balance Sheet position, excluding the SOSI, deteriorated by nearly $2.07 Trillion between FY 2024 and FY 2025, reaching a staggering negative $41.72 Trillion. Total Liabilities are now nearly 8 times the value of reported Assets. The largest were a $2 Trillion increase in Debt and Interest payable (now $30.33 Trillion) and a $438.8 Billion increase in Federal Employee and Veteran Benefits payable (now $15.47 Trillion).

The Off-Balance-Sheet is even more alarming.The ungodly 75-year Unfunded Ponzi Scheme surged $10.1 Trillion in a single year, rising from $78.3 Trillion in FY 2024 to $88.4 Trillion in FY 2025 — primarily by a $6.9 Trillion increase Medicare Part B shortfalls and a $2.5 Trillion increase for Social Security. The Treasury’s Statement of Long-Term Fiscal Projections shows the 75-year Fiscal gap widening from 4.3% of GDP in FY 2024 to 4.7% in FY 2025. If the $88.4 Trillion in 75-year off-balance-sheet Obligations were added to the $47.8 Trillion in official Balance Sheet Liabilities, Total Obligations exceed$136.2 Trillion—5 times US Annual GDP.

The Government Accountability Office (GAO) issued a disclaimer of opinion on the US Government’s FY 2025 Financial statements — the 29th consecutive year it's been unable to determine ongoing Financial management problems at the Department of Defense and weaknesses in Accounting for Interagency transactions.

The Corporate Financial Press ignored the consolidated Financial statements. Members of Congress and the General Public will not read the consolidated Financial statements. Most cannot relate to the Trillion-Dollar numbers in the Financial statements. Divide every number by 100 Million — drop eight zeros — and Federal Finances look like a Household Budget in freefall. In other words, if We the People managed our Finances the same way, we'd all be IN DEBTOR'S PRISON.

A Household which earns $52,446 and spends $73,378 — running a $20,932 Annual Deficit. Its Total Liabilities and Unfunded Promises amount to $1,361,788 against just $60,554 in Assets, leaving it $1.3 Million in Debt.

The US Congress has clearly lost control of the Nation’s Finances.AMERICA IS FACING A FISCAL CATASTROPHE.

The reckoning is now impossible to ignore. Crime is far more rampant. Critical Infrastructure is crumbling. Long-term Inflation has made life largely unaffordable for the Middle Class. Housing Prices are astronomical. Food Prices are unrecognizable. New Cars cost nearly as much as a small House. University costs 6 figures. Medical Care is prohibitively expensive. Insurance Costs continue rising.

Foreign Governments have diversified rapidly and sold their Treasury Bonds to buy Gold since it's one of the only Asset classes in the world universally accepted, has a truly Global Market, and can absorb hundreds of Billions of Dollars in Capital flows. I'd certainly do the same thing, Who wouldn't?!

Foreign Sovereign Countries are already losing faith in the US Government. After all, They watched Joe Biden shake hands with thin air, the humiliating debacle in Afghanistan, rising US Budget Deficits, rising Inflation, and a National Debt spiraling out of control. Who and What Sovereign Government in their right mind would be dumb enough to trust the US Government with their Money?!

With their Healthcare?!
With their Education?!
With their Retirement?!

These events pale in comparison to the real watershed moment after the Russian Invasion of Ukraine.

The US Government's response was to freeze Russian Assets; the US Congress then passed the REPO Act, giving the President authority to seize Russian Sovereign Reserves. This sent shockwaves through Foreign Sovereign Governments. They're smart enough know their money isn't safe in America anymore, (Italy and Germany have asked for their Gold back)— the US Government will freeze their Reserve Assets without warning...
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Broache73 · 51-55, F
Everyone is feeling it.

On top of the Social chaos, the Cost of Living is crushing. Housing in major Cities is absurd. Grocery Bills keep climbing. Healthcare is a Financial catastrophe for anyone without Employer coverage— and increasingly for those with it. Retireeson fixed Incomes are watching their Purchasing Power evaporate.

It's only going to get worse. The US National Debt surpassed $39 Trillion. The Congressional Budget Office projects $24.4 Trillion in additional Deficits over the next decade. That means skyrocketing Inflation and Taxes.

Wealth Taxes, that's the playbook when Governments run out of money. The US Government is running out of money faster than almost anyone can say Deficits, Debt, and Dependency.

All I ask the American Voters, Taxpayers, and Consumers is; What's your breaking point?! When are you going to stop making excuses for yourselves and what you know in your heart is indefensible?!
whowasthatmaskedman · 70-79, M
@Broache73 Sorry. The real break point has come and gone. The rabid borrowings of previous administrations have undermined the sanctity of the $US globally and that effect has already peeled 10% off the domestic value of said $. If you dont believe me, look at the price of real estate and gold.
The $US is losing its grip in the Reserve currency, with the EU and BRICS nations now making up more than half of global trade and bypassing the $US completely. And that trend continues, with the majority of US trading partners now selling off their T bonds in a orderly manner to preserve their value. Soon America itself will not be able to pay for imports without purchasing Euros, Yuan, gold or Bitcoin to pay for them..
But this will more likely be the death of a thousand cuts, than a single event. The US will fade to become a regional power, in the same league as its neighours, rather than to disappear in a puff of smoke and "walking dead" scenes.
Trump, however is doing his best to see the place go out with a bang..😷