FEDERAL RESERVE statistical release

According to the Federal Reserve Bank's balance sheet, as of April 1, 2015, it has total liabilities of   $ 4,424,144,000,000 and total capital of $ 57,656,000,000.  Hence, its leverage ratio is 76.73.  It is massively over-leveraged and on the brink of insolvency should interest rates (i.e. bond yields) rise even slightly higher.

Just for grins, Lehman Brothers' leverage ratio was 30 before it collapsed.

http://www.federalreserve.gov/releases/h41/current/h41.htm#h41tab1

US Debt & Liabilities Set To Increase A Staggering $70 Trillion

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/12/21_US_Debt_%26_Liabilities_Set_To_Increase_A_Staggering_%2470_Trillion.html

“Actually, institutional investment into gold, currently, is only about 0.3%.  So we are talking about Japanese funds putting 1.5% to 3% or five to ten times as much (into gold) as the world average.

I’m convinced that in the next few years institutions will put a part of their assets into gold because they have to protect their assets against the inflation we will be experiencing....

“That (influx of new money into gold) will have a massive affect on the gold price.

As we go to current action in the gold market, I totally agree with Andrew Maguire.  We’ve seen heavy paper selling in a very thin market, while the physical market continues to be very strong.

As long as debt goes up, which it is guaranteed debt worldwide will go up, and as long as that continues the gold price will continue to rise and I expect a major rise in 2013.”

Greyerz also added:  “U.S. debt is increasing by approximately $1.5 trillion per year.  If you add to that the increase in unfunded liabilities, you get an increase, only in 2012, of $7 trillion.

So total debt and unfunded liabilities increase in 2012 by (a staggering) $7 trillion.  If you multiply $7 trillion by ten years you get to $70 trillion.  And you can see that the whole fiscal cliff debate is about a measly $1.2 trillion over ten years, against a potential increase in the total debt in the US of $70 trillion.

So it is so sad to see this desperate situation when politicians worldwide refuse to face up to the real catastrophic state the world is in.  Instead, they are just tinkering with the edges.”

"This Is Just The Beginning" As LIBOR-Manipulation Liabilities May Top $176bn

http://www.zerohedge.com/news/just-beginning-bank-rate-manipulation-liabilities-may-top-176bn

Consolidated Financial Statements

Guess which entity had the following "stellar" judgment from its auditor?

Material weaknesses discussed later in our report continued to (1) hamper the federal government’s ability to reliably report a significant portion of its assets, liabilities, costs,and other related information; (2) affect the federal government’s ability to reliably measure the full cost as well as the financial and nonfinancial performance of certain programs and activities; (3) impair the federal government’s ability to adequately safeguard significant assets and properly record various transactions; and (4) hinder the federal government from having reliable financial information to operate in an efficient and effective manner. We found the following:

Certain material weaknesses in financial reporting and other limitations on the scope of our work resulted in conditions that continued to prevent us from expressing an opinion on the accompanying accrual basis consolidated financial statements for the fiscal years ended September 30, 2008 and 2007.

…The federal government did not maintain effective internal control over financial reporting (including safeguarding assets) and compliance with significant laws and regulations as of September 30, 2008.

It describes the US government's finances, and the report is given by the Government Accountability Office, who is required to audit financial statements from the US Treasury.

http://www.fms.treas.gov/fr/08frusg/08gao2.pdf