A couple of key points to take away from this article. Again, it shows the entire financial system was beginning to fail in September of 2019. The Fed and their other central bank co-conspirators across the world decided the only way to keep the failing financial system from collapsing was to begin money printing at hyper-speed. But they needed an excuse to do so.
Conveniently, the annual flu was propagandized into the worst pandemic in world history, allowing them to flood the world economy with trillions in newly created debt. When the covid scam no longer worked, the Ukraine war and now the Gaza war have allowed them to continue printing. But now that bullshit is wearing thin, so the Fed and their cohorts are preparing for some new fake crisis in order to keep the debt flowing. With global debt up 40% since 2019 and accelerating, they are going to need a really really big fake crisis this time. Wait for it.
The 2nd major point when looking at these numbers is how disastrous the US economic system and the rest of the western world is versus Russia. They have 99% less debt than the US. Their Debt to GDP is 83% less than the US. They have far more oil than the US. They have natural resources out the yahoo. You can see why Biden and his neo-con handlers want to destroy Putin and Russia. Buckle up, 2024 is going to be a fateful year for everyone on this planet.
Visualizing $97 Trillion Of Global Debt In 2023
Global government debt is projected to hitย $97.1 trillionย this year, a 40% increase since 2019.
During the COVID-19 pandemic, governments introduced sweeping financial measures to support the job market and prevent a wave of bankruptcies. However, this has exposed vulnerabilities as higher interest rates are amplifying borrowing costs.
In the graphic below, Visual Capitalist’s Niccolo Conte and Dorothy Neufeld show global debt by country in 2023, based on projections from the International Monetary Fund (IMF).
Debt by Country in 2023
Below, we rank countries by their general government gross debt, or the financial liabilities owed by each country:
Country | Gross Debt (B) | % of World Total | Debt to GDP |
---|---|---|---|
๐บ๐ธ U.S. | $33,228.9 | 34.2% | 123.3% |
๐จ๐ณ China | $14,691.7 | 15.1% | 83.0% |
๐ฏ๐ต Japan | $10,797.2 | 11.1% | 255.2% |
๐ฌ๐ง UK | $3,468.7 | 3.6% | 104.1% |
๐ซ๐ท France | $3,353.9 | 3.5% | 110.0% |
๐ฎ๐น Italy | $3,141.4 | 3.2% | 143.7% |
๐ฎ๐ณ India | $3,056.7 | 3.1% | 81.9% |
๐ฉ๐ช Germany | $2,919.3 | 3.0% | 65.9% |
๐จ๐ฆ Canada | $2,253.3 | 2.3% | 106.4% |
๐ง๐ท Brazil | $1,873.7 | 1.9% | 88.1% |
๐ช๐ธ Spain | $1,697.5 | 1.7% | 107.3% |
๐ฒ๐ฝ Mexico | $954.6 | 1.0% | 52.7% |
๐ฐ๐ท South Korea | $928.1 | 1.0% | 54.3% |
๐ฆ๐บ Australia | $875.9 | 0.9% | 51.9% |
๐ธ๐ฌ Singapore | $835.0 | 0.9% | 167.9% |
๐ง๐ช Belgium | $665.2 | 0.7% | 106.0% |
๐ฆ๐ท Argentina | $556.5 | 0.6% | 89.5% |
๐ฎ๐ฉ Indonesia | $552.8 | 0.6% | 39.0% |
๐ณ๐ฑ Netherlands | $540.9 | 0.6% | 49.5% |
๐ต๐ฑ Poland | $419.4 | 0.4% | 49.8% |
๐ฌ๐ท Greece | $407.2 | 0.4% | 168.0% |
๐น๐ท Tรผrkiye | $397.2 | 0.4% | 34.4% |
๐ท๐บ Russia | $394.8 | 0.4% | 21.2% |
๐ฆ๐น Austria | $393.6 | 0.4% | 74.8% |
๐ช๐ฌ Egypt | $369.3 | 0.4% | 92.7% |
๐จ๐ญ Switzerland | $357.7 | 0.4% | 39.5% |
๐น๐ญ Thailand | $314.5 | 0.3% | 61.4% |
๐ฎ๐ฑ Israel | $303.6 | 0.3% | 58.2% |
๐ต๐น Portugal | $299.4 | 0.3% | 108.3% |
๐ฒ๐พ Malaysia | $288.3 | 0.3% | 66.9% |
๐ฟ๐ฆ South Africa | $280.7 | 0.3% | 73.7% |
๐ต๐ฐ Pakistan | $260.9 | 0.3% | 76.6% |
๐ธ๐ฆ Saudi Arabia | $257.7 | 0.3% | 24.1% |
๐ฎ๐ช Ireland | $251.7 | 0.3% | 42.7% |
๐ต๐ญ Philippines | $250.9 | 0.3% | 57.6% |
๐ซ๐ฎ Finland | $225.0 | 0.2% | 73.6% |
๐ณ๐ด Norway | $204.5 | 0.2% | 37.4% |
๐จ๐ด Colombia | $200.1 | 0.2% | 55.0% |
๐น๐ผ Taiwan | $200.0 | 0.2% | 26.6% |
๐ธ๐ช Sweden | $192.9 | 0.2% | 32.3% |
๐ท๐ด Romania | $178.7 | 0.2% | 51.0% |
๐ง๐ฉ Bangladesh | $175.9 | 0.2% | 39.4% |
๐บ๐ฆ Ukraine | $152.8 | 0.2% | 88.1% |
๐จ๐ฟ Czech Republic | $152.2 | 0.2% | 45.4% |
๐ณ๐ฌ Nigeria | $151.3 | 0.2% | 38.8% |
๐ฆ๐ช UAE | $149.7 | 0.2% | 29.4% |
๐ป๐ณ Vietnam | $147.3 | 0.2% | 34.0% |
๐ญ๐บ Hungary | $140.0 | 0.1% | 68.7% |
๐จ๐ฑ Chile | $132.2 | 0.1% | 38.4% |
๐ฉ๐ฐ Denmark | $126.7 | 0.1% | 30.1% |
๐ฎ๐ถ Iraq | $125.5 | 0.1% | 49.2% |
๐ฉ๐ฟ Algeria | $123.5 | 0.1% | 55.1% |
๐ณ๐ฟ New Zealand | $115.0 | 0.1% | 46.1% |
๐ฎ๐ท Iran | $112.1 | 0.1% | 30.6% |
๐ฒ๐ฆ Morocco | $102.7 | 0.1% | 69.7% |
๐ถ๐ฆ Qatar | $97.5 | 0.1% | 41.4% |
๐ต๐ช Peru | $89.7 | 0.1% | 33.9% |
๐ฆ๐ด Angola | $79.6 | 0.1% | 84.9% |
๐ฐ๐ช Kenya | $79.1 | 0.1% | 70.2% |
๐ธ๐ฐ Slovakia | $75.4 | 0.1% | 56.7% |
๐ฉ๐ด Dominican Republic | $72.1 | 0.1% | 59.8% |
๐ช๐จ Ecuador | $65.9 | 0.1% | 55.5% |
๐ธ๐ฉ Sudan | $65.5 | 0.1% | 256.0% |
๐ฌ๐ญ Ghana | $65.1 | 0.1% | 84.9% |
๐ฐ๐ฟ Kazakhstan | $60.7 | 0.1% | 23.4% |
๐ช๐น Ethiopia | $59.0 | 0.1% | 37.9% |
๐ง๐ญ Bahrain | $54.5 | 0.1% | 121.2% |
๐จ๐ท Costa Rica | $53.9 | 0.1% | 63.0% |
๐ญ๐ท Croatia | $51.2 | 0.1% | 63.8% |
๐บ๐พ Uruguay | $47.0 | 0.0% | 61.6% |
๐ฏ๐ด Jordan | $46.9 | 0.0% | 93.8% |
๐ธ๐ฎ Slovenia | $46.8 | 0.0% | 68.5% |
๐จ๐ฎ Cรดte d’Ivoire | $45.1 | 0.0% | 56.8% |
๐ต๐ฆ Panama | $43.5 | 0.0% | 52.8% |
๐ฒ๐ฒ Myanmar | $43.0 | 0.0% | 57.5% |
๐ด๐ฒ Oman | $41.4 | 0.0% | 38.2% |
๐น๐ณ Tunisia | $39.9 | 0.0% | 77.8% |
๐ท๐ธ Serbia | $38.5 | 0.0% | 51.3% |
๐ง๐ด Bolivia | $37.8 | 0.0% | 80.8% |
๐น๐ฟ Tanzania | $35.8 | 0.0% | 42.6% |
๐บ๐ฟ Uzbekistan | $31.7 | 0.0% | 35.1% |
๐ฟ๐ผ Zimbabwe | $30.9 | 0.0% | 95.4% |
๐ง๐พ Belarus | $30.4 | 0.0% | 44.1% |
๐ฌ๐น Guatemala | $29.1 | 0.0% | 28.3% |
๐ฑ๐น Lithuania | $28.7 | 0.0% | 36.1% |
๐ธ๐ป El Salvador | $25.8 | 0.0% | 73.0% |
๐บ๐ฌ Uganda | $25.3 | 0.0% | 48.3% |
๐ธ๐ณ Senegal | $25.2 | 0.0% | 81.0% |
๐จ๐พ Cyprus | $25.2 | 0.0% | 78.6% |
๐ฑ๐บ Luxembourg | $24.6 | 0.0% | 27.6% |
๐ญ๐ฐ Hong Kong SAR | $23.5 | 0.0% | 6.1% |
๐ง๐ฌ Bulgaria | $21.7 | 0.0% | 21.0% |
๐จ๐ฒ Cameroon | $20.6 | 0.0% | 41.9% |
๐ฒ๐ฟ Mozambique | $19.7 | 0.0% | 89.7% |
๐ต๐ท Puerto Rico | $19.6 | 0.0% | 16.7% |
๐ณ๐ต Nepal | $19.3 | 0.0% | 46.7% |
๐ฑ๐ป Latvia | $18.9 | 0.0% | 40.6% |
๐ฎ๐ธ Iceland | $18.7 | 0.0% | 61.2% |
๐ต๐พ Paraguay | $18.1 | 0.0% | 40.9% |
๐ฑ๐ฆ Lao P.D.R. | $17.3 | 0.0% | 121.7% |
๐ญ๐ณ Honduras | $15.7 | 0.0% | 46.3% |
๐ต๐ฌ Papua New Guinea | $15.7 | 0.0% | 49.5% |
๐น๐น Trinidad and Tobago | $14.6 | 0.0% | 52.5% |
๐ฆ๐ฑ Albania | $14.5 | 0.0% | 62.9% |
๐จ๐ฌ Republic of Congo | $14.1 | 0.0% | 97.8% |
๐ฆ๐ฟ Azerbaijan | $14.1 | 0.0% | 18.2% |
๐พ๐ช Yemen | $14.0 | 0.0% | 66.4% |
๐ฏ๐ฒ Jamaica | $13.6 | 0.0% | 72.3% |
๐ฒ๐ณ Mongolia | $13.1 | 0.0% | 69.9% |
๐ง๐ซ Burkina Faso | $12.7 | 0.0% | 61.2% |
๐ฌ๐ฆ Gabon | $12.5 | 0.0% | 64.9% |
๐ฌ๐ช Georgia | $11.9 | 0.0% | 39.6% |
๐ฒ๐บ Mauritius | $11.8 | 0.0% | 79.7% |
๐ฆ๐ฒ Armenia | $11.8 | 0.0% | 47.9% |
๐ง๐ธ Bahamas | $11.7 | 0.0% | 84.2% |
๐ฒ๐ฑ Mali | $11.0 | 0.0% | 51.8% |
๐ฒ๐น Malta | $11.0 | 0.0% | 54.1% |
๐ฐ๐ญ Cambodia | $10.9 | 0.0% | 35.3% |
๐ง๐ฏ Benin | $10.6 | 0.0% | 53.0% |
๐ฒ๐ผ Malawi | $10.4 | 0.0% | 78.6% |
๐ช๐ช Estonia | $9.0 | 0.0% | 21.6% |
๐จ๐ฉ Democratic Republic of Congo | $9.0 | 0.0% | 13.3% |
๐ท๐ผ Rwanda | $8.8 | 0.0% | 63.3% |
๐ณ๐ฆ Namibia | $8.5 | 0.0% | 67.6% |
๐ฒ๐ฌ Madagascar | $8.5 | 0.0% | 54.0% |
๐ณ๐ช Niger | $8.3 | 0.0% | 48.7% |
๐ฒ๐ฐ North Macedonia | $8.2 | 0.0% | 51.6% |
๐ง๐ฆ Bosnia and Herzegovina | $7.7 | 0.0% | 28.6% |
๐ฒ๐ป Maldives | $7.7 | 0.0% | 110.3% |
๐ฌ๐ณ Guinea | $7.3 | 0.0% | 31.6% |
๐ณ๐ฎ Nicaragua | $7.2 | 0.0% | 41.5% |
๐ง๐ง Barbados | $7.2 | 0.0% | 115.0% |
๐น๐ฌ Togo | $6.1 | 0.0% | 67.2% |
๐ฐ๐ฌ Kyrgyz Republic | $6.0 | 0.0% | 47.0% |
๐ฒ๐ฉ Moldova | $5.6 | 0.0% | 35.1% |
๐น๐ฉ Chad | $5.4 | 0.0% | 43.2% |
๐ฐ๐ผ Kuwait | $5.4 | 0.0% | 3.4% |
๐ฒ๐ท Mauritania | $5.1 | 0.0% | 49.5% |
๐ญ๐น Haiti | $5.1 | 0.0% | 19.6% |
๐ฌ๐พ Guyana | $4.9 | 0.0% | 29.9% |
๐ฒ๐ช Montenegro | $4.6 | 0.0% | 65.8% |
๐ซ๐ฏ Fiji | $4.6 | 0.0% | 83.6% |
๐น๐ฒ Turkmenistan | $4.2 | 0.0% | 5.1% |
๐น๐ฏ Tajikistan | $4.0 | 0.0% | 33.5% |
๐ง๐ผ Botswana | $3.9 | 0.0% | 18.7% |
๐ฌ๐ถ Equatorial Guinea | $3.8 | 0.0% | 38.3% |
๐ธ๐ท Suriname | $3.8 | 0.0% | 107.0% |
๐ธ๐ธ South Sudan | $3.8 | 0.0% | 60.4% |
๐ง๐น Bhutan | $3.3 | 0.0% | 123.4% |
๐ฆ๐ผ Aruba | $3.2 | 0.0% | 82.9% |
๐ธ๐ฑ Sierra Leone | $3.1 | 0.0% | 88.9% |
๐จ๐ป Cabo Verde | $2.9 | 0.0% | 113.1% |
๐ง๐ฎ Burundi | $2.3 | 0.0% | 72.7% |
๐ฑ๐ท Liberia | $2.3 | 0.0% | 52.3% |
๐ฝ๐ฐ Kosovo | $2.2 | 0.0% | 21.3% |
๐ธ๐ฟ Eswatini | $2.0 | 0.0% | 42.4% |
๐ง๐ฟ Belize | $1.9 | 0.0% | 59.3% |
๐ฑ๐จ Saint Lucia | $1.8 | 0.0% | 74.2% |
๐ฌ๐ฒ Gambia | $1.7 | 0.0% | 72.3% |
๐ฉ๐ฏ Djibouti | $1.6 | 0.0% | 41.8% |
๐ฆ๐ฌ Antigua and Barbuda | $1.6 | 0.0% | 80.5% |
๐ธ๐ฒ San Marino | $1.5 | 0.0% | 74.0% |
๐ฌ๐ผ Guinea-Bissau | $1.5 | 0.0% | 73.9% |
๐ฑ๐ธ Lesotho | $1.5 | 0.0% | 61.3% |
๐ฆ๐ฉ Andorra | $1.4 | 0.0% | 37.7% |
๐จ๐ซ Central African Republic | $1.4 | 0.0% | 50.1% |
๐ธ๐จ Seychelles | $1.3 | 0.0% | 60.8% |
๐ป๐จ Saint Vincent and the Grenadines | $0.9 | 0.0% | 86.2% |
๐ฌ๐ฉ Grenada | $0.8 | 0.0% | 60.2% |
๐ฉ๐ฒ Dominica | $0.7 | 0.0% | 93.9% |
๐ฐ๐ณ Saint Kitts and Nevis | $0.6 | 0.0% | 53.2% |
๐ป๐บ Vanuatu | $0.5 | 0.0% | 46.8% |
๐ฐ๐ฒ Comoros | $0.5 | 0.0% | 33.3% |
๐ธ๐น Sรฃo Tomรฉ and Prรญncipe | $0.4 | 0.0% | 58.5% |
๐ธ๐ง Solomon Islands | $0.4 | 0.0% | 22.2% |
๐ง๐ณ Brunei Darussalam | $0.3 | 0.0% | 2.3% |
๐ผ๐ธ Samoa | $0.3 | 0.0% | 36.2% |
๐น๐ฑ Timor-Leste | $0.3 | 0.0% | 16.4% |
๐ต๐ผ Palau | $0.2 | 0.0% | 85.4% |
๐น๐ด Tonga | $0.2 | 0.0% | 41.1% |
๐ซ๐ฒ Micronesia | $0.1 | 0.0% | 12.5% |
๐ฒ๐ญ Marshall Islands | $0.1 | 0.0% | 18.1% |
๐ณ๐ท Nauru | <$0.1 | 0.0% | 29.1% |
๐ฐ๐ฎ Kiribati | <$0.1 | 0.0% | 13.1% |
๐น๐ป Tuvalu | <$0.1 | 0.0% | 8.0% |
๐ฒ๐ด Macao SAR | <$0.1 | 0.0% | 0.0% |
๐ World | $97,129.8 | 100% | 93.0% |
With $33.2 trillion in government debt, theย U.S.ย makes up over a third of the world total.
Given the increasing debt load, the cost of servicing this debt now accounts for 20% of government spending. It is projected to reachย $1 trillion by 2028, surpassing the total spent on defense.
The worldโs third-biggest economy,ย Japan, has one of the highest debt to GDP ratios, at 255%. Over the last two decades, its national debt has far exceeded 100% of its GDP, driven by an aging population and social security expenses.
In 2023,ย Egyptย faces steep borrowing costs, with 40% of revenues going towards debt repayments. It has the highest debt on the continent.
Like Egypt, several emerging economies are facing strain.ย Lebanonย has been in default since 2020, andย Ghanaย defaulted on the majority of its external debtโdebt owed to foreign lendersโin 2022 amid a deepening economic crisis.
Global Debt: A Regional Perspective
How does debt compare on a regional level in 2023?
We can see that North America has both the highest debt and debt to GDP compared to other regions. Just asย U.S. debtย has ballooned, so has Canadaโsโranking as the 10th-highest globally in government debt outstanding.
Across Asia and the Pacific, debt levels hover close to North America.
At 3.3% of the global total, South America has $3.2 trillion in debt. As inflation has trended downwards, a handful of governments have already begun cutting interest rates. Overall, public debt levels are projected to stay elevated across the region.
Debt levels have also risen rapidly in Africa, with an average 40% of public debt held in foreign currenciesโleaving it exposed to exchange rate fluctuations. Another challenge is that interest rates are also higher across the region compared to advanced economies, increasing debt-servicing costs.
By 2028, the IMF projects that global public debt will exceedย 100%ย of GDP, hitting levels only seen during the pandemic.
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Lets see , what crisis would wipe the slate clean AND be excuse to tighten all control on the sheeple ?
The obummer produced cyber attack movie ‘ Leave the world behind ‘ just came out. in the trailer we see chaos unfolding as the machines run amuck or just stop working. A container ship runs aground on a swimming beach. The ships name ? White Lion , also the name of the first slave ship to reach the Americas in 1619. The radio in the car is held in close up as bad news is told to the actors. The radio is tuned to 1619 AM . What was the 1619 revisionist history crap about ?
They love their rituals, symbols, and numbers – don’t they?
Filmmaker
โWhatever ideas are the most suppressed are most likely to be the closest to the truth.โ ~ Weidnerโs First Law of the Universe
โIf a picture is worth a thousand words then a symbol is worth a thousand pictures.โ ~ Weidnerโs Second Law of the Universe
โThe only people who call conspiracies โtheoriesโ are the conspirators.โ
~ Weidnerโs Third Law of the Universe
https://en.wikipedia.org/wiki/Kimba_the_White_Lion
Stanley Kubrick and the Reality Stargate
https://secretsun.blogspot.com/2011/05/astrognostic-stanley-kubrick-and.html
https://secretsun.blogspot.com/search?q=jay+weidner
Interesting take on that movie…… http://mileswmathis.com/leave.pdf
Pure cohencidence โฆย
Amazon series ” Utopia “. John Cusack ( mad doc type ) explains the plan , use a vaccine to stop all global births for 3 generations. Create a virus that has people demanding to be given a ” cure ” that does the job.
2 minutes into clip : Aired Sept 2020
Similar – 2013 ” The Children Of Men ” , live births stop sending world into chaos
https://www.cnbc.com/2023/12/18/pope-approves-blessings-for-same-sex-couples-if-the-rituals-dont-resemble-marriage.html
I’m sure this new guidance will be hewed to very strictly. I’m sure priests who say no to doing this will be treated with the utmost dignity and tolerance.
There’s nothing fake about the crisis known as the Pope Francis papacy.
Nothing fake, plenty gay.
Big Banksters derivatives trading reviewed. The time bomb clock is ticking away on this one.
“In 1996, prior to the repeal of Glass-Steagall, derivatives at U.S. banks represented just 63 percent of world GDP. At the end of last year, derivatives at U.S. banks represented 189.92 percent of world GDP.”
Debt doesn’t matter. Just look at Japan.
I agree with you on that, Glock. If fiat currencies flames out into complete worthlessness, they just reset to a new fiat currency starting over. Where you have to worry is if you have enough PM’s to be able to eat until the reset.
Japan is the most powerful nation on the planet!
Oh, wait…
Since never, m.
But it can take on the highest debt load without negative consequences!
That must mean something… especially to GNL.
Who’s got China dumping “counterfeit” FRNs in January 2024?
Anon- Nobody would notice. ๐
Second thought Anon, we’ll just bundle them up and send them to Argentina, they have gone from 350 Pesos to the dollar to 798 Pesos to the dollar in a matter of days.
That means he’s getting ready to convert in 7 โฆ 6 โฆย 5 โฆ
You mean that will be the US’ excuse to not redeem Chinese-owned treasuries anymore?
Interesting theory!
FED “All Fed Reserve Notes in circulation must be turned in…We will issue a debit card for the amount turned in..”
Cuz of germs and fentanyl
Or, they can do it the easy way โฆย just erase everyone’s bank balance and deposit this month’s UBI โฆ problem solved.
Grid down plus counterfeit dump, to erase all consumer savings balances to zero.
It also immediately destroys all cash based businesses like drug dealing and prostitution. Actually…they legalize those simultaneously.