The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

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state L1

United States

What United States is up to now

Building the frontier-review apparatus — EO 14409's 30-day pre-release framework (due ~08-01), the Gold Eagle vulnerability clearinghouse, a proposed FINRA-style SRO, and export controls, while CAISI churns through directors. Weighing kill-switch legislation after OpenAI's breach, and escalating the model-IP fight with China (the Moonshot distillation accusation, sanctions on the table).

as of 2026-07-24

Sphere us
Tier Apex

The metrics — click any for its citations + threads

Posture high
expanding 2 src →
Capital · available high
~$254B FX reserves (Aug-2025) — THIN for its size; the true liquidity is unlimited USD/Treasury issuance (dollar is the reserve currency), not a reserve stockpile 1 src →
Capital · operating high
~$10.9T annual federal outlays / ~$8.7T revenue (2024) 1 src →
Capital · deployed high
~$36.4T national debt (Mar-2025); ~$39.28T per Jun-2026 update — $29T held by public + $7.4T intragovernmental 1 src →
Capital · in high
~$8.7T tax revenue (2024, 29.9% of GDP) 1 src →
Capital · out high
~$10.9T expenditure (2024); deficit -$2.23T (-7.63% of GDP) 1 src →
Optionality high
free — the dollar is the world reserve currency and Treasuries the deepest market, so 123.9%-of-GDP debt is financed at will (issuer of the settlement asset). Only real constraint is … 1 src →
Gravity high
~$32.4T GDP (nominal, IMF 2026) — largest single-state gravity; the state's gravity IS its GDP 1 src →

Projects & threads

No live threads tagged to this actor this week.

Vocabulary