If Every Nation Is in Debt… Who’s the Creditor?

Every country on Earth is in debt — yet the global system keeps moving forward. Trillions are borrowed, rolled over, and expanded year after year, not because governments expect to repay it, but because modern finance is built to function that way. Debt is no longer a temporary problem to be solved; it has become the operating system of the world economy. In this episode History of the Economy , we explore how sovereign debt turned into money itself, why repayment was never the plan, and how confidence keeps the entire structure alive. The real “creditor” isn’t a nation or an individual, but a system sustained by trust, rollover, and endless promises — one that quietly shapes how every economy survives. #EconomicHistory #HowTheSystemWorks #GlobalFinance #DebtAndPower #MoneyExplained #HiddenFinance #WorldDebt #FinanceEducation #MoneyAndPower