quote: Also, care to tell us which government in the world has a positive balance sheet i.e. zero debt?
quote: States like CA and NY help subsidize the Federal funding for states like AK. I'm not at all defending CA or NY, just poiting out that AK is a state that takes in more dollars than it pays "back".
quote: In the current world monetary system, getting out of debt is not an option. Money is a function of debt. All of the money in the world is borrowed into existence and is extinguished when it's paid off.