It didn’t post, so i’ll ask here in the reply
Ok, I know that public debt is when the government borrows money. It borrows money because it sometimes spends more than it collects money.
The real questions are:
1-from whom does it collect the money?
2- Why is it called public?
3- Who has to repay it?
4- Does the gov really needs to repay it? What’s the big deal if the gov doesn’t pay it at all? $12bn, $50bn or $1000000bn what’s the difference? nobody is going to starve