Japan has the biggest debt in the world and they are living just fine. Great even.
You are easily fear mongered.
WTF?
japans economy is a prime example of "done"
Why time is running out for Japan’s economy
...a slim upward revision in GDP growth cannot mask the fact that the Bank of Japan’s ‘whatever it takes’ policy is backfiring...Under Kuroda, it has boosted quantitative and qualitative easing with a negative interest rate policy...
...If US Federal Reserve chief Janet Yellen were to do something similar, it would be economic and political suicide... Last summer, the International Monetary Fund finally acknowledged that Abenomics is not working...
...In the next few years, the BOJ could not only own most of the Japanese bond market, but virtually all Japanese stocks; even as Japan’s gross debt will exceed 250 per cent of its GDP. It is a disastrous path.
Why time is running out for Japan
but eventually the bankers will own everything and staff it with robots and you will die...