Is the US going broke?

[Mortikhi]

http://www.forbes.com/business/forbes/2008/0929/034.html

 

[Malakai]

Our gov has been broke since it told the rest of the world we could no longer pay our debts in gold and dumped the standard.

 

[Mister Grieves]

The phrase "going broke" indicates not already broke. So I'd say no, we're well beyond broke.

Who’ll Bail Out Uncle Sam?

 

[CitizenPlain]

Not quite, but

...

 

[rapidtrends]

Have to go from negative $9.5 TRILLION to zero just to be broke.

US is way past that.

Since most people have tremendous personal debt, they cant seem to realize that broke really means they would have to also go to zero to be broke, so its easy to become delusional about what the term broke means.

 

[RonPaulR3VOLUTION]

Yeah, if we were only going broke, that would be a massive improvement.