You have heard politicians talk about “reducing the deficit,” but have they ever talked about how to pay off the debt?
I don’t think so—because the debt cannot and will not be paid.
But as the graph shows, we are approaching the end game of the deficit.
By mid-century the deficit will reach 9.1% of GDP, based on the latest long-term projections by the Congressional Budget Office. We are already borrowing money to pay the interest, and are thus paying interest on interest (compound interest).
The acknowledged public debt, now at $39 trillion, is projected to be $170 trillion or 175% of GDP by 2056. This does not include the huge unfunded liabilities of Social Security and Medicare. With such a burden, the financial system cannot function.
For the Iran War, the administration has proposed loading on an additional $200 billion. This does not include the impact on the economy of the global increase in the price of oil and liquified natural gas and everything dependent on that (everything). Also, the formerly wealthy Gulf states such as the United Arab Emirates will no longer be supplying capital as their economy is destroyed.
While the party in power will be blamed for the debacle, the U.S. system has been based on forever debt since at least 1964. All currency is debt. The government or the central bank issues and loans out currency. But since it does not create currency to cover the interest, the amount owed is always greater than the amount in circulation.
Forever wars are needed to gain control of the resources needed to service the debt. Will Venezuelan and Middle East oil be enough?
Crashes have occurred in history. The amount of debt and the degree of dependency on remote supply chains have never been so great.
Those who can are fleeing dollar-denominated assets. What can ordinary Americans do?
A prepared mind is essential. One must not trust in rosy political promises. Seek trustworthy friends, learn skills, accumulate items of real value, avoid crowds, invest in personal and family security, lead an honest and virtuous life, and live not by lies.
Trust in God, and be not afraid.
Additional information:
“Forever Debt and Forever War,” AAPS News, March 2026
Response to Biden’s warning on food shortages, Doctors for Disaster Preparedness press release, March 2022
Nuclear War Survival Skills written for our day
