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

Transcript

Every country on earth is in debt. The  United States now owes over $ 38 trillion, the highest figure in its history. The European  Union carries around 14 trillion. Japan almost 9 trillion. Even oil rich nations like Saudi Arabia  or export powerhouses like Germany and China all owe enormous sums. But here's the paradox. If  everybody owes money, ... Read More