A false ideology has driven the U.S. Government to systematically under-report its net indebtedness in order to be able to continue its defrauding the individuals and entities that trust it to repay its existing financial obligations.

The core of libertarianism (neoliberalism, as it's called in Europe) is (as will be documented in the links here) the false and even insane idea that privatization is better than socialization; but the empirical truth is that in many instances, socialization is far better than privatization (and libertarians-neoliberals cannot accept that fact, because it would destroy their con).

Privatization is the selling of governmental (publicly owned and controlled) assets to private investors. Socialization is the buying of assets, from private individuals, by the government.

Norway presents an excellent case-example of this falsity, even insanity, of (America's ideology) libertarianism-neoliberalism, which ideology doesn't drive Norway's Government.

Here is a video that explains this fact (the vast economic harm that is produced by libertarianism-neoliberalism) in regard to Norway's having socialized (instead of sold off to investors) its oil assets — and this prominent example (of the enormous benefits that Norwegians derive from that socialization of their oil-wealth) is devastating to libertarianism-neoliberalism:

Here is its transcript, which describes the history of Norway's state-owned oil company, Equinor (formerly called "Statoil"):

Norway discovered oil in the North Sea in 1969. Most countries would blow it on corruption, debt, and short-term wins. Norway did the opposite. It turned oil into long-term national wealth. Here's how it became one of the richest countries on Earth.

In the 1960s, Norway was a quiet, modest, country. Known for fishing, farming, and shipping, its economy was steady, but not wealthy. There was no sign it would one day lead the world in wealth per person.

Then in 1969, oil was discovered in the North Sea. Suddenly, Norway had access to massive natural wealth. It was a turning point, one that could've gone very wrong.