If Every Country Is in Debt… Who will pay for it?

Every nation on the planet is buried under debt — yet almost no one stops to ask the obvious question: If everyone owes money… then who, exactly, is being paid? The United States carries more than $38 trillion in debt. Europe holds around $14 trillion. Japan sits near $9 trillion. And worldwide debt has now passed $315 trillion — nearly three times the size of the global economy. So why hasn’t the system collapsed? Because governments were never designed to eliminate their debt. They were designed to refinance it forever. In this episode of The KDRHISTORY, we uncover how modern finance transformed debt from a burden into the very fuel of the global economy — and why everything rests not on repayment, but on belief. You’ll discover: How government bonds became the backbone of today’s financial system. Who truly holds U.S. debt — and why the answer is mostly Americans themselves. Why nations never intend to repay what they borrow — and what would happen if they actually tried. How central banks create money by creating debt. And why the world’s real “creditors” aren’t countries or tycoons — but a network of perpetual promises. Once you understand how the global debt engine really works, the word “deficit” will never sound the same again. #FinancialHistory #FinanceExplained #HowMoneyWorks #EconomicHistory #FinancialEducation #GlobalDebt #MoneyAndPower #FinancialSystem #DebtExplained #TheFinancialHistorian #FinancialHistorian