Is the debt really a problem?
As long as the debtor has a license to print the money with which to pay the creditor, there is a way out.
As long as the debtor has a license to print the money with which to pay the creditor, there is a way out.
That might work for the government, but you and I can’t print money and when our money won’t buy the basic necessities because of inflation (see Argentina) we will suffer.