Given rising debt loads, this view seems myopic. Presumably if the balance of foreign debt outweighs the risks of walking away from it - countries will eventua

Given rising debt loads, this view seems myopic. Presumably if the balance of foreign debt outweighs the risks of walking away from it - countries will eventually walk away from it. It may simply be that revolution or other political instability will be required prior to countries walking away from the debt. I’d doubt any major power could or would fight a debt war in the 21st century.