(Money Metals News Service) In this episode of the Money Metals Midweek Memo, host Mike Maharrey opens with a stark thought experiment. He asks listeners whether they would lend money to a head of household earning $52,446 a year, spending $73,378, running a $20,932 annual deficit, and sitting on $1,361,788 in liabilities and unfunded promises against just $60,554 in assets.
He then reveals that these figures are not about a household at all. They are the 2025 consolidated U.S. government financial statements, divided by 100 million to make them comparable to a family budget.
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