Broke! Bankrupt!
You know it and I know it. Our government is broke.
This is not an exaggeration. It is not hyperbole. It is not an overstatement.
“Broke”, as in “broken”.
Despite what the Modern Monetary Theorists claim, when you borrow money to pay the
interest on what you owe; when your spending exceeds your income every year; when
you steal from other people’s trust funds…