In June of 2009, The Economist discussed the ability to manage a countrys debt: Arithmetically, a governments

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In June of 2009, The Economist discussed the ability to manage a country’s debt: “Arithmetically, a government’s debt burden is sustainable if it can pay the interest without borrowing more. Otherwise the government will eventually fall into a debt trap, borrowing ever more just to service earlier debt.” What kind of problems might cause a country to fall into a debt trap as described above? What policies enacted today could reduce the probability of falling into a debt trap?
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