Скачать или смотреть All countries in the world are in the debt... Who are these debts owed to?

All countries in the world are in debt.
The debt of the United States of America has now exceeded 38.1 trillion US, the highest figure in history. The European Union has approximately 14.8 trillion while Japan has nearly 9.8 trillion in debt. And if we add to that we can say that even oilrich countries like Saudi Arabia or export giants like Germany and China have large debts. Now comes the question that really confuses us. If the world is in debt then to whom is this debt owed?
Who is the creditor?

In this episode of The Financial Historian, we reveal how modern economies turned debt into money itself — and why the entire system depends on confidence, not repayment. You’ll learn:

-How sovereign bonds became the foundation of modern finance.
-Who really owns America’s debt (and why it’s mostly Americans).
-Why countries don’t ever plan to repay the principal — and what would happen if they tried.
-How central banks quietly manufacture debt to create money.
-And how the world’s “creditors” aren’t nations or billionaires — but a system of endless promises.

Once you see how the global debt machine really works, you’ll never hear the word “deficit” the same way again.