the paper outlines a plan to liberate all rich and poor nations form the debt burden, restructure the international monetary system and create the necessary conditions for sustainable global economic growth and developemt.

The papers argues that the United States is unable to service its public debt without going deeper in debt, let alone repay it. the debt which has already exceede $15.3 trillion is expected to reach $20 trillion in 2015 and between $28 to $30 trillion in 2022.