Run away! Run away!
He's full of shit and I gotta go. Later
Run away! Run away!
I'm not trying to pick a fight, but you need to have a basic understanding of economics and the meaning of the terms your using. It's really not that complicated. You need to know what all of these terms mean to even begin to understand what you're trying to talk about:
external debt
federal budget deficits
public debt
balance of payments deficits
current account
capital cccount