What do you think will happen when the National Debt interest is too high, that it would be impossible to pay it off (and it will happen)?

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  Is australia in debt?
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  How much of our federal income tax goes to pay national debt?
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  When will our country go bankrupt?
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  If a nation create money, and public debt is owned by people, then people owe money to themselves?
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  What is the amount of increase in U.S. national debt in one week as of 2011?
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