Why is the World in debt, how do we pay it off, and why should we care?
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All debt is moving future money to the present, at the cost of interest. The idea is that the growth of today will result in a future with higher productivity, allowing the debt to be paid off (while that generation does the same).
The issue occurs when the growth does not match the interest rate. Then the economic system needs to be reset, which upsets some people.
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