Babjak that is not news but an opinion, as mine following.

Schwarz is correct about US not being bankrupt but wrongly exaggerating on most other aspects. Nor is debt the only thing looked at.

First and foremost is a country that was a stalwart economically and an example to the world, now has become another example, this time of mismanagement. This mismanagement is due to lacklustre or none existant controls of it's economic and financial stings.

Oil assets on US territory are not helping with reduction of greater dependence on imports from abroad.
Properties owned by the government could be sold but should they? It is as if selling your back yard and car to help pay down the mortgage on the house. This eventually leads to selling even the house to be solvent.

Gold at Fort Knox if it exists is it trully owned? Rumours are that a large part or all has been lent out ( or other fashion) so not really owned until the loans are paid back at today's prices.

When one spends more than one has coming in then one is on the road to bankruptcy unless the outflow is corrected. Is the outflow of dollars corrected? Obviously not, just printing more dollars.