A country tackles growing debt through two main levers: raising taxes or cutting spending. Without a clear plan using one of these strategies, fiscal crisis is inevitable.
You know, when you have debt that accumulates in our country, and you mentioned one way to pay that is devaluing the currency. But there's really only two ways to deal with that debt, right. One, increase revenues for the government, which means increase taxes. And two is austerity measures, which means cut expenses like crazy so that you have more money in order to pay down the debt, or a combination of the 2, 3 ways to deal with it. When you don't have a plan to do either One of those, 1, 2 or 3, that means that something's going to happen down the road because eventually you're going to face a crisis. I could see that coming. I already see some people ringing that alarm bell.
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