Скачать или смотреть Why Governments Never Pay Off Their Debt ?

#GovernmentDebt #Economics #BondMarket #CentralBanks #Finance

Every country has government debt — but the scale ranges from manageable to almost unimaginable. That raises a simple question that gets confusing fast: if nearly every government is in debt, who’s getting paid?

Viral videos often frame this as a hidden plot. In this episode, we strip away the drama and explain what government debt actually is: not personal debt, not a bill meant to be “paid off,” but a permanent financial instrument that became part of modern economic infrastructure.

We’ll trace how borrowing evolved from fragile war loans into long-term bonds, why “permanent debt” emerged as an unintended side effect, and how liquid bond markets (and central banks) changed the rules of the system. We’ll also cover why wiping out huge amounts of government debt isn’t a clean fix — because it would pull out foundations that markets and institutions rely on.

Chapters

00:00 Debt is everywhere (and the scale is wild)
00:16 The big question: if everyone owes… who gets paid?
00:33 Why government debt ≠ personal debt
00:54 How “permanent debt” was invented (and why it stuck)
02:16 Complexity, crises, and the rise of central banks
04:15 Debt as infrastructure — trade-offs, risks, and the real takeaway

And that’s the moment the ledger outvotes the ideology.
Chrono Finance — following the money through time.