re: #137 NO SMOCKING GUN!
Actually there are a lot of ways to handle the debt without austerity. Soak the rich, print more money, or just keep borrowing more.
The “rich” don’t really have enough money to cover the debt.
Printing money is just austerity by another name. Hyperinflation leads to the inability to buy goods and services, just like physically limiting those goods and services.