The gov't never intends to pay that back. When it gets bad enough that their credibility is hamstrung by the international community. They'll either print, collapse, or do a 'work out' deal which banks do today - where it's 'what can you pay, and for how long to recoup some of our losses.'
The gov't never intends to pay that back. When it gets bad enough that their credibility is hamstrung by the international community. They'll either print, collapse, or do a 'work out' deal which banks do today - where it's 'what can you pay, and for how long to recoup some of our losses.'