Cullen Roche(@cullenroche):Common response to this is: "Sure, $489 trillion in assets is a lot, but it can't be monetized because it's mostly stocks and real estate". Guys, real estate is the most collateralized asset in the world. And stocks are bought and sold every day. Financing $40 trillion of govt debt is not a problem in the wealthiest society that ever existed. Save your "sovereign debt crisis" narrative for European nations or pretty much any other country in the world. It ain't happening in the USA any time soon.

2026.09.24 19:37

Common response to this is: "Sure, $489 trillion in assets is a lot, but it can't be monetized because it's mostly stocks and real estate". Guys, real estate is the most collateralized asset in the world. And stocks are bought and sold every day. Financing $40 trillion of govt debt is not a problem in the wealthiest society that ever existed. Save your "sovereign debt crisis" narrative for European nations or pretty much any other country in the world. It ain't happening in the USA any time soon.

Cullen Roche@cullenroche

2026.09.24 17:09

This chart is even more insane. This shows total gross private sector assets. $489 TRILLION. Say that out loud. Four hundred and eighty nine TRILLION. That's almost half a QUADRILLION. If you're gonna talk about the debts then you also need to talk about the assets and the assets that fund the public debt are 10X bigger.