“Insolvent means not being able to cover your liabilities.
“That is not nearly the case.”
The federal debt is ~$110,000/American resident.
The federal debt is ~$240,000/American worker.
The federal debt is ~$300,000/American citizen worker.
The federal debt is ~$400,000/American citizen full-time worker.
The ability to sell debt to foreigners will end soon.
The US has plenty of assets it could sell to cover its liabilities.
What do you think the Grand Canyon would sell for? Or Yosemite?