
John E Deaton|Feb 23, 2025 17:47
Imagine a business or individual with 45.5 million in liabilities and only 5.7 million in assets. That business or individual would be insolvent. Feel free to ask Grok3. Whether you hate or love @elonmusk, he’s right to say America is insolvent and headed to bankruptcy if we don’t deal with our debt.
I was shocked during the only Presidential debate there wasn’t a single question about the debt. Likewise, during my 2 debates 🆚 @ewarren, not a single question regarding America’s 36T debt. We can’t pretend it doesn’t threaten our way of life any longer.
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