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- This must be a misunderstanding. The US Government's balance shows a negative net worth?
- Help starting an investment club
Posted: 03 Mar 2018 06:57 AM PST
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This must be a misunderstanding. The US Government's balance shows a negative net worth? Posted: 03 Mar 2018 01:46 AM PST https://www.fiscal.treasury.gov/fsreports/rpt/finrep/fr/16frusg/01112017FR_(Final).pdf Page 58 (or 66/274). Net worth: ~$20 billion? I was curious (due to the tax cuts + growing debt) so I googled USA's net worth and found the above link. I found an article that seems to refute this negative net worth (see below), but I'm unsure why the balance sheet shows a negative amount. Couldn't find much else to refute it but I'd like to know the historical net worth of the US Government each year as far back as possible. http://www.businessinsider.com/america-is-not-drowning-in-debt-2013-4 Can you guys clarify? P.S. I'm aware the years are old/off. Note: I am not doing this with malicious intentions. I am a patriot and love America. I am a law-abiding citizen. Simply curious, and not a threat to the US Government. [link] [comments] | ||
Help starting an investment club Posted: 03 Mar 2018 10:09 AM PST Just hoping to get some insight on how to open an investment club account. From what I'm seeing I need to start a partnership in order to get an TIN. Any advice would be great. I am in Nebraska BTW. Thanks! [link] [comments] |
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