I wonder if the global debt levels will start the next wars. At some point one of the bigger countries will not be able or willing to serve its debt and who knows what will happen then?
Is it feasible to go to war with a country to collect on debts, though? If they're already having trouble paying, and the creditor is successful in its war, the debtor's economy will be so deep in shambles that repayment will be next to impossible.
If you can print money, you can always service the debt. The only problem is will the demand for your money keep up? That depends on what alternatives people have.
