Current National debt $157 trillion (about $480,000 perperson in the US)
The staggering figures associated with the current nationaldebt paint a grim picture of financial strain. Unfunded interest is accruing rapidly, creating a snowball effect that further exacerbates the economic challenges. Unfunded entitlements add another layer of complexity, representingobligations that are promised but not financially secured. When these elements are combined, the total debt becomes an almost insurmountable mountain.
To make matters worse, the U.S. $167 trillion (about$510,000 per person in the US) in collateral, which should ideally counterbalance some of this debt, falls short, leading to a negative net worth of $70 trillion (about $220,000 per person in the US). This financial imbalance underscores the urgent need for prudent fiscal policies and innovative economic strategies to steer the nation towards stability, stopping USA insolvency and deficit spending at $1 million per minute and negative GDP growth. Adding tothese concerns, the rate of USA insolvency stands at a staggering $1 million per minute, reflecting the critical urgency for immediate and effective fiscalreforms.
IS DOGE ENOUGH TO SAVE AMERICA FROM ANKRUPTCY? OR IS IT EFFECTIVE GOVERNMENT THAT WILL SAVE US NOT EXECUTIVE ORDER RULE MAKING. AND ESTRUCTIONOF OUR QUALITY OF LIFE. WITH MORE WARS USING DEBT FINANCING, WITHOUT PLURALITY SECURE VOTING AND SAFE BORDERS. HAVE WE LOST OUR DEMOCRACY TO AMERICA FIRST, PEACE THROUGH STENGTH OF OUR MILITARY AND WEAPONARY, TO MAKE AMERICA GREAT AGAIN, DESPITE THE HUMAN COST OF WARS ANDDEBT.
Total trade deficits $1.2 trillion (about $3,700 per personin the US) per year
China $300 billion (about $920 per person in the US) peryear
Imported oil $221 billion (about $680 per person in the US) peryear
OPEC $32 billion (about $98 per person in the US) per year
OPEC and China want to de-dollarize trade
The financial strain is further compounded by the presenceof significant trade deficits. The total trade deficit stands at $1.2 trillion (about $3,700 per person in the US) per year, with China alone accounting for $300 billions of this shortfall. Additionally, the United States spends $221 billion (about$680 per person in the US) annually on imported oil, with $32 billion (about $98 per person in the US) of that going to OPEC countries. The drive by OPEC and China to de-dollarize trade adds a layer of geopolitical risk, potentiallyundermining the stability of the U.S. dollar on the global stage.
USA debt US treasuries held by foreign countries $8.7trillion (about $27,000 per person in the US)
Unfunded government future pensions of $21 trillion (about$65,000 per person in the US)
Unfunded US treasuries accrued compounded interest $20trillion (about $62,000 per person in the US)
Unfunded 13 entitlements $50 trillion (about $150,000 perperson in the US)
Unfunded Medicare/Medicaid future costs $1,6 trillion (about$49,000 per person in the US) per year
Unfunded Social Security future costs $1.5 trillion (about$4,600 per person in the US) per year
Unfunded liabilities present a staggering financialchallenge for the Current National debt $157 trillion (about $480,000 per person in the US)
