If Every Country Is in Debt… Who Is the Money Owed To?

The world is over $300 trillion in debt. America alone owes $36 trillion. China holds U.S. debt—but China is drowning in debt too. So if every country is borrowing… who is the money actually owed to? This video breaks down how global debt really works—why governments borrow from their own citizens, how money circulates in endless loops, and why debt isn’t just a problem… it’s the foundation of the modern economy. From ancient IOUs and early government bonds to fiat money, the gold standard, and today’s $300 trillion global debt system, you’ll see how borrowing became the engine of growth—and why stopping it could collapse entire economies. We’ll also explore: • Who actually owns U.S. government debt • Why countries roll over debt instead of paying it off • How crises like 2008 and COVID forced governments to borrow trillions • Why some countries fall into debt traps while others don’t • What happens when investors lose confidence • Why gold is surging as trust in debt-based systems weakens Debt keeps the world moving—but it also makes the system fragile. The question isn’t whether debt matters. It’s how long this cycle can last.