No the game has not been announced as "dead". It's a temporary pause due to a major unforseen event in the developer's life. We don't know what that event was, nor do we know if or when the project will be resumed. All we know is that development is
paused and it has not been announced as "dead" or abandoned.
Here's the announcement. Please read it.
TL,DR : Indeterminate future != dead . Regardless of the status of this VN though, there is still plenty of good content in it worth playing through v4.1.1, and it's still better than 98% of the low effort garbage on F95. That's why people still play and follow No More Money.
If you've already deleted your saves though, then a better question is why are you still in this thread bugging people? If you're really done with NMM, then you can easily play one of the aforementioned garbage bin games and ask dumb questions in those threads instead of this one.