teodesian.net http://teodesian.net//posts/c8ac27e9-13f6-11ec-bdd7-f03b2987450a?format=xml teodesian.net : /posts/c8ac27e9-13f6-11ec-bdd7-f03b2987450a en 2026-04-07T15:52:38 2026-04-07T15:52:38 teodesian.net /favicon.ico http://teodesian.net 32 32 teodesian.net favicon USG failed it's audit as usual http://teodesian.net/posts/c8ac27e9-13f6-11ec-bdd7-f03b2987450a As of September 30, 2016, America’s youth owed the federal government $953.6 billion from student loans. Talk about some contra-assets man...Oh wait, this is gov accounting where we live in big rock candy mountain and we book stuff when we feel like it.

And yet still take a $1tn operating loss bringing us to a -$19tn net worth. If that isn't insolvent, I don't know what is. Nevermind the unfunded liabilities they decide to dance around as the 'fiscal gap'.

BONUS: T-bills getting dumped. EU/US buys them (schmucks). ]]> doge http://teodesian.net/posts/c8ac27e9-13f6-11ec-bdd7-f03b2987450a 2017-02-09T19:55:24 USG failed it's audit as usual http://teodesian.net/posts/1486670124 As of September 30, 2016, America’s youth owed the federal government $953.6 billion from student loans. Talk about some contra-assets man...Oh wait, this is gov accounting where we live in big rock candy mountain and we book stuff when we feel like it.

And yet still take a $1tn operating loss bringing us to a -$19tn net worth. If that isn't insolvent, I don't know what is. Nevermind the unfunded liabilities they decide to dance around as the 'fiscal gap'.

BONUS: T-bills getting dumped. EU/US buys them (schmucks). ]]> doge http://teodesian.net/posts/1486670124 2017-02-09T19:55:24