Forwarded from The Eye
The #UnitedStates government's balance sheet revealed total liabilities amounting to $45.5 trillion, including $36.2 trillion in #government_debt.
America's assets in the budget amount to only $5.7 trillion. This means that U.S. debt exceeds its total assets by more than six times.
The gap between U.S. debt and its assets is approximately $30.5 trillion.
The picture becomes even bleaker when comparing America's total liabilities to its assets, with the gap reaching around $39.8 trillion.
America's assets in the budget amount to only $5.7 trillion. This means that U.S. debt exceeds its total assets by more than six times.
The gap between U.S. debt and its assets is approximately $30.5 trillion.
The picture becomes even bleaker when comparing America's total liabilities to its assets, with the gap reaching around $39.8 trillion.