Worldwide debt has exploded in the eight years since the beginning of the fiscal crisis from an already unsustainable level of $142 trillion to a crushing $200 trillion. The reason? To help paper over gaping holes in national economies, and because our financial system makes it too easy to just "create" money from nothing.
Now one small nation is looking at a radically different way of doing things. Although the approach is conservative, there are still some risks.
The situation provides an appealing investment opportunity, no matter the outcome, if the position is implemented correctly.