At all levels of society, debt is unsustainable. Everyone knows it. U.S. national debt has crossed $38.9 trillion. Annual deficits run above $1.7 trillion with no ceiling in sight. The war in Iran is pushing it still higher. Foreign creditors — Sweden, Denmark, India, and dozens of others — are quietly reducing their Treasury holdings. The old trick of rolling over debt by issuing new debt is running out of steam.
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Patrick Wood is a leading and critical expert on Sustainable Development, Green Economy, Agenda 21, 2030 Agenda and historic Technocracy. He is the author of Technocracy Rising: The Trojan Horse of Global Transformation (2015) and co-author of Trilaterals Over Washington, Volumes I and II (1978-1980) with the late Antony C. Sutton.
