Money Money Money

[Coldicote]

These days most countries you hear about seem to be struggling to achieve 'economic recovery' (whatever that means) and cutting costs of anything and everyting. I wonder how many people really understand what it's all about, the complexity of it and why National Debt happens in the first place. Why do we have this culture of living on borrowed money? I wish I knew of a simple basic course of instruction to explain it. Any suggestions please?

[boxtops]

The bit I don't understand is why governments borrow money from other countries, in order to give it as relief to yet other countries, when we are in a dire state at home ourselves.