why is there no sense of urgency to solve the global debt crisis?

The only solution is very very painful. What they ignore is that without that solution the future will be far more painful (hoping that pain will fall upon someone else).

?????

Whoever told you there's no sense of urgency was lying to you big time.

That said, the bigger crisis at the moment is the depressed economy in many countries. When most people have decent-paying jobs, THEN we can deal with debt. The short-term thinking ONLY about debt is what's making it WORSE, not better.

If every country with a depressed economy engaged in massive spending, putting people to work, we'd get out of the unemployment hole, demand would go way up, government revenues would go up, need for government services would go way down, and those countries could then turn to paying down their debts.

Because the elitists of the world uses crises, especially protracted ones, as an excuse to sh!t all over everyone else.

The solution is ugly, raise taxes and cut services.

They want it to fail. Then comes the global currency.

Simple. There is no solution. Nobody knows what to do.

Because there's no short term solution.

the boomers will continue to vote in thier entitlements and the other generations behind them will be screwed.