.....but a better analogy is:
10 guys go for beers every day, the bill comes to $100 each day.
The poor guys say they are too poor to pay their share.
The rich guys say that if they pay less then their share, they'll boost the economy.
Everyone agrees that they should not pay their share, so they borrow 30 bucks every day from a chinese guy. For every 30 bucks they borrow, they have to pay $1 interest. This is a great deal, they only have to pay 10 cents each for every 30 bucks borrowed from the chinese guy (he's also the bar tender and owns the bar). They pay $7.10 each the next day.
After 10 days, they are still only paying $1 each above their total 70 bucks and getting 100 bucks worth of beer, hell of a deal. Life couldn't be better. One guy says, this can't go on forever. The poors guys say "we can't afford to pay the full bill", the rich say "unless I get this discount nobody will have beer". They pay $8 each for $10 worth of drinks.
After 40 days, they now have to pay $11 for $10 worth , they want to go back to paying $70 for $100. So they now borrow $70 per day and pay $70 and get $100 bucks worth of beer.
40 more days pass, they are now struggling to cover beers, so the chinese guy says "I'll give you a title loan on your cars" and that can be used to square up your tab, you see you now owe me $2800 bucks (we'll call that a national debt as an analogy). So they do it. But they simply won't pay the full bill.
Eventually the chinese guy takes their cars, house everything. They all now work for him for peanuts, basically debt slavery.
All because they didn't balance their budget and ran up a large debt by using deficit financing for their beer. If they didn't sit around justifying why they should pay as little as possible, but focussed on balancing their budget and be willing to make sacrafices then they wouldn't be fucked. But they were all greedy little fuckers who justified their own selfish desire to pay as little as possible and thought the chinese guy would simply foot the bill forever.
Then their livers exploded.
