There's been a lot happening in the world recently. This is a thread to post and discuss news articles and current events. I know a dead board exists on this site ostensibly for that purpose, but the problem with dead boards is nobody looks at them, so there's no point in posting on them.
To start things off:
https://fortune.com/2026/03/23/us-government-insolvent-fiscal-crisis-fix/>The Treasury just declared the U.S. insolvent. The media missed it>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).Ron Paul warned us.
