Everyone knows the world’s broke. What they don’t know, or are afraid to admit, is that the United States is too. We have poorly capitalized banks (Citigroup failed it’s “stress test”), backed by a poorly capitalized insurance fund (the FDIC holds a tiny fraction of the amount required by law to insure the US banking system), backed by a nearly insolvent central bank (with a capital ratio at 1.24% the Federal Reserve is almost bankrupt), and an insolvent government (the U.S. government’s net worth–its assets minus its liabilities–is negative $17 trillion.)