[mejutoco]

I am not so sure debt has to be repaid.

Debt is supposed to be repaid, or should be repaid, or comes with great declarations of an intention or obligation of being repaid, but debt can be kept indefinitely.

Cases from the top of my head:

- IMF lends money to country. Later the country is insolvent, and the credit is renegotiated to a lower amount (same for mortgages) as opposed to getting nothing.

- Parents "lend" money to children for house downpayment. Parents died without debt having been paid.

- World ends tomorrow by $reason_of_your_choice. All the existing debt gets cancelled.

- Friend lends some money to another friend. They fall out and never repay the debt, and everybody lets it go.

[xyzzy123]

- Ideally, your economy grows faster than the debt grows. In the best case your debt can sustainably grow forever.