A post submitted by CGI member Morgan.

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https://halturnerradioshow.com/index.php/component/content/article/the-treasury-just-declared-the-u-s-insolvent-the-media-missed-it?catid=20&Itemid=101

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.

Importantly, the $47.78 trillion in reported liabilities does not include the unfunded obligations of social insurance programs like Social Security and Medicare — those are disclosed separately in the off-balance-sheet 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 eight times the value of reported assets. The largest drivers were a $2 trillion increase in federal 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).

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Ayuh, Hal Turner; BUT HASN'T THE U.S. BEEN INSOLVENT FOR DECADES? Gods, that debt number has been in the abstract regions for ages. But hey! 'Tis all fiat money, anyway. Who cares.

Waiting for the day for the u.s. to default. My, what fun that will be. CCR wrote a song about dat.

https://www.youtube.com/watch?v=tKJwvQfraY8