[DIRTYSECRET]

Our debt is ‘only’ $31 trillion in comparison. The good news is hat we’ve got $30 trillion or so in our IRA/401k accounts the government can raid.

[Worldtraveler once upon a time]

Your comment is both on target and off target. The specific phrase in the "news" was "debt of all sorts – public and private and in all sectors of the economy."

In this manner, tallying all the "debt of all sorts, public and private" shows our indebted nation is so far beyond the Chinese "debt of all srots" as to make clear the extent of this hot mess.

A simple equation would add all debt, national, state, county and city to all corporate and consumer debt. What might one imagine that sum would be?

[yuleeyahoo]

It’s worse than that. The government hides our true debt by moving unfunded liabilities out of the official national debt total. At the end of 2021, our total unfunded liabilities were $130 trillion.

https://www.algora.com/Algora_blog/2021/04/20/the-us-govt-has-6-trillion-in-assets-and-130-trillion-in-unfunded-liabilities

[oldasrocks]

31 trillion? You forgot to add unfunded liabilities like SS.