Why Every Country is in Debt
Global debt has reached staggering levels. The United States alone owes over $38 trillion, while worldwide debt now exceeds $250 trillion, far more than the entire planet produces in a year.But if every country is in debt, who are they actually borrowing from?
This breakdown explores how modern money systems create debt, why governments keep borrowing, and why national debt works very differently from household debt.
It also reveals which countries carry the heaviest debt relative to their economies, and why Japan sits at the top of the global debt-to-GDP ranking.
From financial crises and demographic pressures to the strange case of a country with virtually no national debt at all, the global debt system is far more complex than it first appears.
CHAPTERS:
0:00 - Why Every Country Is in Debt
1:08 - Why Global Debt Exceeds All Money
2:31 - Why Countries Can Borrow Forever
4:02 - When National Debt Becomes Dangerous
6:48 - The Most Indebted Countries on Earth
9:40 - America’s Debt Problem
10:46 - Why Japan Is #1
14:24 - The Only Country With Almost No Debt
Narrated by: Josh Risser
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