> a lot of america's debt is owned by americans, and it's deeply woven into all of our markets. it's nowhere near that simple for us. i think america can ultimately pay its debts. most european countries cannot even afford the interest on our debts. so they are getting larger, and the interest is getting larger. you can keep paying more and more interest forever but it will be going up exponentially.  or you can just cancel the debt which will cause a short sharp shock to the economy but then you will have no debt.
United Kingdom