Posted on 05/10/2025 5:16:47 AM PDT by Degaston
“””We have plenty of assets we could easily sell if we needed to. We’ll never have to go bankrupt in our lifetime.”””
And how old are you?
What you say is kinda like the TV and Internet advertisement about the elderly couple who says: “Who knew we could sell our life insurance so we can use the money for an expensive vacation”
Oh, nose! The dollar is still worth more than the Israeli shekel! Haaaaaaalp!
We have plenty of assets we could easily sell
Sell baby, Sell
56 years old. We have trillions in assets well over 37 trillion. And we just found those rare earth minerals worth 150 trillion. I think we will be just fine.
Thanks for posting!!!
# That is partially true. I suggest copying and pasting this script into Windows Powershell on a machine where Excel is configured to be the default option for handling CSV files. If your machine is not setup this way then all the major Chat AI apps can guide you on your specific setup if you accurately describe all your specific applicable tech configurations.
$json = Invoke-RestMethod -Method Get -Uri “https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v2/accounting/od/debt_to_penny?fields=record_date,tot_pub_debt_out_amt&filter=record_date:gte:1993-04-01&page%5Bnumber%5D=1&page%5Bsize%5D=9999“
$csvContent = @(”record_date,tot_pub_debt_out_amt”)
foreach ($dataItem in $json.data) { $csvContent += “$($dataItem.record_date),$($dataItem.tot_pub_debt_out_amt)” }
Set-Content -Path “DebtToPenny.csv” -Value ($csvContent -join “`n”)
Start-Process “DebtToPenny.csv”
# The “Debt to Penny” data endpoint is just 1 of 178. See https://fiscaldata.treasury.gov/api-documentation/#list-of-endpoints for full published list. This script will produce a CSV file of over 8000 government business days since April 1993 on the total debt outstanding and then you can do your own analysis how you desire.
At best it has been postponed.🤔
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