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National Debt Explained by Cat

Is it like a giant credit card bill the country forgot to pay? Who do we owe? And what happens if we… just don’t pay it?

In this video, a financially confused but curious cat walks you through the weird and complicated world of national debt. Spoiler: it’s not like your student loans (unless your student loans are $34 trillion).

Why countries borrow money even when they collect taxes

Who the government actually owes money to

How debt can grow without crashing everything (at first)

And what happens if a country can’t or won’t pay it back

We also explore what debt ceiling really means, why politicians argue about it, and whether national debt is something to panic about… or just a very big number with a lot of zeros.

Whether you’re team fiscal responsibility or team just print more, this video might just change how you think about the money your country owes.

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👍 Like this video if you’ve ever felt personally attacked by an interest rate.
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