Australian Politics Forum - The U.S. government is insolvent.

Sprintcyclist

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The U.S. government is insolvent.
Mar 28^th, 2026 at 11:55am

trump will tell all that is good, the best insolvency the world has ever seen

Quote:

“The U.S. government is insolvent. That’s not hyperbole,” wrote Steve Hanke, professor of applied economics at Johns Hopkins University and David M. Walker, former U.S. Comptroller General, in a recent Fortune op-ed (1).

https://finance.yahoo.com/economy/policy/articles/fiscal-catastrophe-us-treasury...

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Ai_Took_Our_Jobs

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Re: The U.S. government is insolvent.
Reply #1 - Mar 28^th, 2026 at 12:14pm

While the USD is top dog currency, printing the crap out of it avoids insolvency.

BRICS+ are purposely working against the petrodollar, by circumventing. Trump's mob are working on stable coins to take up the slack.

Thing is, all fiat currencies are derivatives of the USD. When the USD implodes, other currencies/economies like Australia goes down with her.

Central banks stocking up with physical gold/ + other precious metals, is the best advertising on what everyone should be doing in preparation.

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lee Gold Member Offline Australian Politics Posts: 20343 Gender:	Re: The U.S. government is insolvent. Reply #2 - Mar 28^th, 2026 at 1:20pm Ai_Took_Our_Jobs wrote on Mar 28^th, 2026 at 12:14pm: BRICS+ are purposely working against the petrodollar, by circumventing. You mean the Russian non-petrodollar states, Iran, Brazil, Indonesia?
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Ai_Took_Our_Jobs

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Re: The U.S. government is insolvent.
Reply #3 - Mar 28^th, 2026 at 1:40pm

ai :

As of early 2025, the expanded BRICS+ bloc (comprising 10 full members and 9 partner countries, including Vietnam, Nigeria, and Indonesia) represents approximately 54.6% to 55.61% of the world's population, with a combined total of roughly 4.45 billion people ... over half of humanity, while also capturing 42.2% to 44% of global GDP measured by purchasing power parity (PPP).

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lee Gold Member Offline Australian Politics Posts: 20343 Gender:	Re: The U.S. government is insolvent. Reply #4 - Mar 28^th, 2026 at 2:37pm Yes and all that oil. The Chinese want it to be in renmimbi, Russia in rubles.
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Ai_Took_Our_Jobs Gold Member Offline Australian Politics Posts: 552 Gender:	Re: The U.S. government is insolvent. Reply #5 - Mar 28^th, 2026 at 2:48pm Physical gold's the liquidity. China alone holds possibly 25,000 tonnes of physical.
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lee Gold Member Offline Australian Politics Posts: 20343 Gender:	Re: The U.S. government is insolvent. Reply #6 - Mar 28^th, 2026 at 3:21pm Ai_Took_Our_Jobs wrote on Mar 28^th, 2026 at 2:48pm: Physical gold's the liquidity. China alone holds possibly 25,000 tonnes of physical. That must have the Chinese shitting themselves given the decline in gold prices.
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Ai_Took_Our_Jobs Gold Member Offline Australian Politics Posts: 552 Gender:	Re: The U.S. government is insolvent. Reply #7 - Mar 28^th, 2026 at 3:37pm Are you meaning the minor correction, before the next step up ?
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lee Gold Member Offline Australian Politics Posts: 20343 Gender:	Re: The U.S. government is insolvent. Reply #8 - Mar 28^th, 2026 at 3:51pm Is that the 5 year or 10 year spot price? 30 days 60 days 6 months
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Ai_Took_Our_Jobs Gold Member Offline Australian Politics Posts: 552 Gender:	Re: The U.S. government is insolvent. Reply #9 - Mar 28^th, 2026 at 4:03pm What's your point ? Golds higher than it was 6 months ago ... and is massively up on the 12 months/24 months/5 year time scales ? Whatever happened to Trump's promise to verify Fort Knox's pretend gold. He went there and it was empty?
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lee Gold Member Offline Australian Politics Posts: 20343 Gender:	Re: The U.S. government is insolvent. Reply #10 - Mar 28^th, 2026 at 6:27pm Ai_Took_Our_Jobs wrote on Mar 28^th, 2026 at 4:03pm: Golds higher than it was 6 months ago . And? Fortune tell it for me.
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Bobby. Gold Member Offline Australian Politics Posts: 118462 Melbourne Gender:	Re: The U.S. government is insolvent. Reply #11 - Mar 28^th, 2026 at 6:43pm The U.S. government is NOT insolvent - as it can print as much money as it wants to repay people with paper.
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Jasin Gold Member Online Posts: 56540 Gender:	Re: The U.S. government is insolvent. Reply #12 - Mar 28^th, 2026 at 6:47pm Bobby. wrote on Mar 28^th, 2026 at 6:43pm: The U.S. government is NOT insolvent - as it can print as much money as it wants to repay people with paper. But at a cost of 10% interest. Something that Obama did and couldn't pay off
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Bobby.

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Re: The U.S. government is insolvent.
Reply #13 - Mar 28^th, 2026 at 6:49pm

Jasin wrote on Mar 28^th, 2026 at 6:47pm:

Bobby. wrote on Mar 28^th, 2026 at 6:43pm:

The U.S. government is NOT insolvent -

as it can print as much money as it wants to repay people with paper.

But at a cost of 10% interest.
Something that Obama did and couldn't pay off

Trump could just take over the Fed -
print $38 trillion and pay everyone off.
However it would cause massive inflation.

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Big Donger Gold Member Offline Australian Politics Posts: 101714	Re: The U.S. government is insolvent. Reply #14 - Mar 28^th, 2026 at 6:58pm Sorry, Sprint, are you saying the Department Of Government Efficiency did absolutely nothing? That's redeculous. Perhaps they should be going after Elon, eh?
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