analyse the intertemporal burden of public debt (6 marks) and the internal versus external debt burden on future generations (8 marks). According to media reports, South Africa’s public debt has been rising to very high levels. Minister Enoch Godongwa has just been informed that you have learnt about public debt and debt management and has therefore consulted you to advise the government as to whether the government should tax or borrow to finance spending and ultimately grow the economy