$317 Trillion in Global Debt: Who Is the Lender If Everyone Owes Money?
$317 Trillion in Global Debt: Who Is the Lender If Everyone Owes Money?
Transcript
The United States owes 36 trillion. China owes 15 trillion. Japan owes 10 trillion. Germany owes 3 trillion. The UK owes 3 trillion. France owes 3.5 trillion. Every major nation on Earth is in debt. Total global debt is 317 trillion. 317 trillion. That's 330% of global GDP. Every dollar of production on Earth doesn't equal the total debt. We'd need... Read More
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