Insolvent means not being able to cover your liabilities.
That is not nearly the case.
And “Civil War?” That seems to be the narrative this morning.
When you start seeing the same phrasing from multiple sources with emotional language…that is the sign of a controlled information campaign.
Once you see it…it cannot be unseen.
It’s not me defining a “low intensity conflict/grey war” phase, it’s orgs like the CIA and State Department. Read past the headline.
The definition is technical and available to all, but you like to just skim headlines and blurt out opinions.
And “controlled information.” lol. Yeah, I’m sitting here with my two dogs. They have a great deal of control over me.
“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.
Lumber for a 30x30 two-story house
outside walls
~240’ of 2x6 studs 16” o.c. ~= 180 studs ~= $900
~360’ of 2x6 plates ~= 45 studs ~= $225
inside walls
~120’ of 2x4 studs 16” o.c. ~= 90 studs ~= $350
~120’ of 2x4 plates ~= 15 studs ~= $60
platform framing
24x2 of 2 16’x2”x12” joists [96 16’x2”x12” joists][Note: I-beams would usually be used]
+
4 16’x2”x12” platform ends ~= $3000
subtotal ~$4500
plywood
roof x 30’x30’ ~= 1000 sq. ft. ~= $1,100
floors ~1800 sq. ft. $42 4’x8’x3/4” sheet ~= $2,400
sheathing ~1920 sq. ft. ~= $2,000 [Note: Oriented Strand Board would normally be used]
truss wood
16(1+30/2 24” o.c.) x 70’ ~= 140 2x4 studs ~= $560
wood for house ~= $11,000 total
Compare to ~$20,000/year health insurance and Long Island $10,000/year property tax.