• Loaf@sh.itjust.works
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    11 days ago

    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

    Jesus Shitsmuggling Christ. America is fucked.

    • niptuckmyballs@lemmychan.org
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      11 days ago

      We’re only truly fucked if the dollar is no longer the global reserve currency.

      No matter what Trump does, that cannot happen overnight. But everything Trump is doing has pushed that possibility closer to reality.

      I genuinely worry that this will happen towards the end of my lifetime and that my last years will be fucking miserable because the American system will finally implode.

      • Snot Flickerman@lemmy.blahaj.zone
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        11 days ago

        All we can do is teach young people about the importance of the means of production being owned by the laborers, because I think if and when that finally happens that the people who “own” everything are going to fuck off to more habitable environs and a lot will leave America entirely, or spend very little time there. That will be a good opportunity for workers to take back the means of production, and so we should plant trees we will never sit in the shade of and teach the youth why this is important so those seeds of knowledge can grow into workers organizing and taking over workplaces of long-absent ownership/leadership.