Comment on USA officially bankrupt (insolvent)
luokaton@lemmy.zip 1 week ago
okay, so the US has way more debt than assets. how is that different from the previous year or the year before that? what’s the magic threshold that makes it “official”?
borQue@lemmy.zip 1 week ago
Well in the years before the financial experts still had the idea that it eventually would turn out ok. They now think it won’t and to be frank, I and even my father already thought that in the 1980’s and he was far from stupid.