>So as long as the assets of the world make enough to service the interest on the debt things will keep chugging along. The real problem I suppose is how much o

>So as long as the assets of the world make enough to service the interest on the debt things will keep chugging along. The real problem I suppose is how much of the world has to work to service the interest bill. I worry that this is the case. Our best economic leaders have been wrong(or told to do wrong policies for political reasons for ~200 years). Tasty candy today can spell a stomach ache later. Given the numerous times our grandparents generation has pushed off problems, I wonder if government debt is a short term political win, with long term ramifications(looking at Japan).