So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan.
The IMF makes a suggestion that will cause US libertarians to crawl into a fetal position tightly clutching their copies of Atlas Shrugged softy murmuring "Ron Paul will save us. Ron Paul will save us"