{"id":34734,"date":"2025-07-02T07:31:36","date_gmt":"2025-07-02T07:31:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34734"},"modified":"2025-07-02T07:31:36","modified_gmt":"2025-07-02T07:31:36","slug":"elon-musk-is-100-correct-says-balaji-srinivasan-america-is-broke-and-there-is-no-fix-but-is-it-a-win-win-for-bitcoin","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34734","title":{"rendered":"Elon Musk Is 100% Correct, Says Balaji Srinivasan: America Is &#8216;Broke&#8217; And There Is &#8216;No Fix&#8217; But Is It A Win-Win For Bitcoin?"},"content":{"rendered":"<div>\n<p>Silicon Valley investor and economic commentator <strong>Balaji Srinivasan<\/strong> said Tuesday the U.S. is heading towards a national bankruptcy, with no possible solution to its debt crisis.<\/p>\n<p><strong>What Happened:<\/strong>\u00a0In an X post, Srinivasan stated that the U.S. is \u201cbroke\u201d, with the real debt exceeding $175 trillion. <\/p>\n<p>\u201cThe US is broke. The real debt is $175T+. And Elon Musk is 100% correct on the numbers,\u201d he said. potentially referring to an <a href=\"https:\/\/x.com\/elonmusk\/status\/1939922037016793589\">earlier X post<\/a> by the <strong>Tesla <\/strong>and <strong>SpaceX<\/strong> CEO.<\/p>\n<p>Srinivasan cited the 2024 financial report, which <a href=\"https:\/\/fiscal.treasury.gov\/files\/reports-statements\/financial-report\/2023\/02-15-2024-FR-(Final).pdf\">projected <\/a>a $175.3 trillion present value shortfall in social programs, implying that the fiscal crisis was due to unfunded liabilities rather than just annual deficits.<\/p>\n<p>\u201cThere is no fix. It\u2019s a write-off. A national bankruptcy,\u201d the former\u00a0<strong>Coinbase<\/strong>\u00a0executive argued. He added that the government would inflate &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/macro-economic-events\/25\/07\/46213919\/elon-musk-is-100-correct-says-balaji-srinivasan-america-is-broke-and-there-is-no-fi\" alt=\"Elon\" musk is correct says balaji srinivasan: america and there fix but it a win-win for bitcoin>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Silicon Valley investor and economic commentator Balaji Srinivasan said Tuesday the U.S. is heading towards a national bankruptcy, with no possible solution to its debt crisis. What Happened:\u00a0In an X post, Srinivasan stated that the U.S. is \u201cbroke\u201d, with the real debt exceeding $175 trillion. \u201cThe US is broke. The real debt is $175T+. And [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-34734","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34734"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34734\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}