I kid you not. This is NOT fake news. Read about it here:
https://goldsilver.com/industry-news/article/the-u-s-governments-own-numbers-show-its-insolvent/
and here
https://fortune.com/2026/03/23/us-government-insolvent-fiscal-crisis-fix/
So before you start to be “great” again, shut up and pay your dues.
ps: And for the herd of downvoters in advance: I’m sorry but it’s the bone-dry truth… every downvote shows you cannot handle that.
It doesn’t need to be a business to be able to go bankrupt. Governments have incomes, expenses and debtors. They only can’t file for bankruptcy to get out of their debts, which makes it worse for the country.
Countries do that all the time… well, not really all the time, but most decades at least one does it.
What countries do is not the same though. At least in the Netherlands when a company files for bankruptcy the judge will appoint someone to sell all the companies assets and try to pay back the debtors.