If All Countries Are İn Debt, Then Who Owns That Debt

Every nation on Earth is in debt. From the world’s largest economies to the smallest states, everyone owes money. But here’s the question nobody asks: if everyone is a debtor, who is the creditor? The United States alone carries more than $38 trillion in debt. Europe, Japan, and emerging economies follow closely behind. Global debt has quietly grown beyond $300 trillion — far larger than the entire world economy itself. And yet, nothing collapses. In this first episode, we break down a truth most people never learn: modern economies are not designed to eliminate debt, they are designed to depend on it. You’ll discover how government debt transformed from a liability into the backbone of global finance, why countries never plan to fully repay what they owe, how money is created through promises rather than production, who actually holds sovereign debt and why the answer is more unsettling than you think, and why the global system survives on belief, confidence, and continuation — not repayment. This isn’t a conspiracy theory. It’s how the modern financial world quietly operates. Once you understand how debt became the system itself, you’ll never hear the words deficit, borrowing, or national debt the same way again. #globaldebt #howmoneyworks #financialhistory #debtexplained #moneyandpower #economicsystems #financedocumentary #centralbanks