Wikipedia: "Government Debt"
Read this article, focusing your attention on the "Implicit Debt" section. Among the interpretations to be gleaned from this reading are the facts that government can be the largest borrower, which drives interest rates higher than otherwise; other borrowers become reluctant to seek loans; and future generations inherit the debt without clarity regarding the associated benefits. You can probably come up with some interpretations on your own accord.
Click https://en.wikipedia.org/wiki/Government_debt link to open resource.