Monetary Literacy & Mastery FoundationUS debt is nearing 40 trillion
Shows that US debt is nearing 40 trillion. It is at 39.8 trillion. Is this sustainable? How long do you think it can continue?
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2 replies
MoneyMan
· 2 months ago
Keep in mind the true debt is over 300 trillion. Due to accounting tricks unfunded liabilities are not considered debt even though the government has promised them and are required to pay them. They will pay it numerically someday but not in the same value.
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DavidB
OP · 2 months ago
On Aug 6, 2026, MoneyMan said:
Keep in mind the true debt is over 300 trillion. Due to accounting tricks unfunded liabilities are not considered debt even though the government has promised them and are required to pay them. They will pay it numerically someday but not in the same value.
Really?? That's something I did not know.
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