📈 National Debt Explosion: The Fiscal Time Bomb and its Implications
US national debt has reached $35T. Interest payments now exceed military spending and other secret service budgets combined. What are the implications?
by Prof. Richard Werner
National debt has reached a new all-time high of $35 trillion, and counting. If you read this note a few weeks after I wrote it, the chances are the US will already have reached $ 36 trillion in national debt. Just check the debt clock…
Since this US debt mostly takes the form of Treasury bonds issued with fixed promises to pay interest, the annual servicing cost of this national debt has now also reached historic proportions.
➡️ Read the report here!
— 🇺🇸/🇮🇱 WATCH: Jewish-American venture capitalist Michael Eisenberg urges Jews to move to Israel and explicitly calls the United States 'a declining empire' while sitting in New York for a conference.
In the UK, the Net Zero agenda has resulted in fleets of electric ambulances that don't have enough electricity to make the defibrillators work. 🤡
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"…there really is no place to run and hide. The time of the end is the time of no room.
Indeed, seemingly just a handful of technocrats will soon have the power to force everyone to “buy and sell” through their system once digital currency and digital IDs are imposed on the global populace. Then there will truly be nowhere to run, nowhere to hide.
So many of us are growing very tired and weary as we watch a system fall into place that we feel helpless to stop. Even though we have “filled our lamps with oil” as best we can to prepare for these days, we find the increasing evil, lukewarmness, blindness, cowardice, and political correctness of both secular and church authorities exhausting.
I am convinced that we are seeing the rise of this beast in our generation, however long that takes to unfold. As such, Mr. O’Brien is right: There really is no place to run and hide. “The time of the end is the time of no room.”
For instance, many in my country (Canada) have ...