On the debt thing:
Since most of the current world currency IS debt, the idea of everybody starting to collectively pay off debt would be the equivalent of everybody just burning all the money... Well okay it's not as simple as that. But it's close enough for this discussion.
Anyway, national debts are not meant to be paid, nor is there any real need to. Period. If a politician is selling you something based on that idea, he's probably lying to you or possibly completely clueless.
Balancing national budgets in the long term is only in a very complicated way tied to the numeric value of the debt.
/back to your regurarly scheduled programming.
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