[Toddsterpatriot]

$51 trillion net worth sounds impressive, till you subtract the $40 trillion national debt.

We don't have a $40 trillion national debt. Where are you getting your supposed MBA? Sure doesn't seem like you're getting your moneys worth.

[jb6]

By national debt, that counts in all debt owed. If you're going to count all assets, nationally, that is assets owned by both the public and private sectors, then you need to count up the whole of the national debt.

As of this year, the Federal government debt is: $8.2 trillion
House Hold Credit card and Auto loan debts are $2 trillion + but we'll just round to $2 trillion.

House Hold Mortgage debts are around $8 trillion
That's $18.2 trillion on Federal and House Hold debt.

The remainder is eaten up between corporate and state/municipality debt.