Countries with the Highest External Debt Worldwide
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- Опубліковано 11 вер 2024
- The Countries with the Highest External Debt in the World
"Countries with the Highest External Debt Worldwide"
"Countries with the Highest Levels of External Debt Globally"
"Nations with the Highest External Debt in the World"
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. It is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, short-term debt, and use of IMF credit. Data are in current U.S. dollars.
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.
Source: World Bank, International Debt Statistics.
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India
From top to out of the list....
Great progress india 🎉
Still the Liberands are claiming that Modi has taken the country to indebtedness .
@@mysteriousboy4274 This is only external debt .
It’s a bad thing …
All developed countries had some years that took big debt to finance big projects and created lot of good jobs and opportunities
India is not investing enough to create jobs for lower income people
@@baratmalli6413 . Yes . You are correct . India can go ahead to mobilize all types of investment including external debt , for the betterment of the country , by cautiously following fiscal discipline .
Instead of that u should all look the Map of our India. They shows the incorrect map and excluded POK report this video
This means that if the US dollar currency is not used, the US will automatically be sold to the IMF😆😂
We owe dollars which we can print out of thin air. IMF doesn't own the debt of the USA. US can not be sold to anyone.
But IMF is USA and USA is the IMF
@@sumankhatua3835МВФ евреям принадлежит
МВФ евреям принадлежит
The IMF belongs to Jews
Долг США взлетает лучше чем ракеты Маска 😂.
Главное потом не надо удивляться, что война все долги спишет. Так они и живут - от войны к войне.
Им война уже не поможет
@@drag2734 территорией отдадут
Глядя на список становится понятно за чей счёт обеспечено развитие "передовых" стран. Поэтому они и боятся изменений в мире. Если придётся отдавать долги, жить не на что будет.
Про это еще в СССР говорили,на самом деле это еще и показатель самых влиятельных стран в мире
@@muteallchat582 ОДИН ИЗ показателей
@@muteallchat582получается до 95го года Индия и Бразилия были влиятельнее всех?)
Именно поэтому Россия и её союзники медленно уводят мир от доллара, чтобы это не было болезненно для всего мира. Скорее всего после краха доллара весь мир не оставит жалкие США в беде, т.к. иначе там будет ад похуже чем у нас в 90-х.
Это не совокупный внешний долг, а госдолг , США 75% должны сами себе. А совокупный внешний долг покажет совсем другую картинку. У Китая это будет 170% ввп, у Японии 200% ввп у бывшего государства россия 150% ввп а у США 30 % ввп
wow finally a chart where Europeans are rising faster than Asian countries in 21st century. Good job!
Someone please tell US this is not a competition
In the US. We keep trying to tell the chuckle f that and they spend the money on BS anyways.
US politicians are too busy stealing tax money to hear you
As far as the US is concerned, everything is competition and they like to be number 1😂
They could print money to pay their own debt
You're right, it's not anymore
And some Indian say that India is in debt 2024😂😂
Technically it is but not at top ten😊
@@nam-pi4fu but our economy is capable to bear that much debt
@@ViratKohli-wy2skgerman kutte ke alawa aur kon kahega
The Liberands are always claiming that India is in the top list of indebted countries .
and compare that with size of economy .. great work India.
Oh no, USA's debt has increased. I wonder which country they will invade? 😂
Sounds like someone needs freedom, is that oil I smell?
Секрет))))
Obviously invading a country didn't erase any debt in the past.
@@leolo2222но позволило пожить немного 😂Или уменьшить долг.
@@leolo2222It helped in keeping debt in control
Details in this infographic on External Debt:
1) How the Military Dictatorship placed Brazil in the first isolated place.
2) As from 2003 we began to fall sharply from 4th to 14th place
3) The dizzying rise of the USA from the end of the 90s and rich countries replacing poor countries at the top of the ranking.
Doses the 3rd point indicating towards a great economic crises in future? Remember just before fall of USSR, they also show sudden rise in loans.
@@abhimanyadav1037 Correct. US debt grows by a staggering 1 trillion dollars every 100 days and exceeded 30 trillion this year and already represents 1/3 of all global debt.
You do know that the "lower increase rate" of external debt of Brazil was because Lula Government switched relatively low interest external debt for high interest domestic debt, right? So "reducing" external debt in Brazil was just a huge electoral lie fueled by higher interest and funded with taxpayer money. Most Brazilians are unaware of this cheap move.
@@Mal4de Your idea, even though it is repeated exhaustively, does not become true and has no factual basis, as all the tables available on the Central Bank of Brazil website, when referring to Gross Debt (which includes internal debt) show a consistent drop from 2003 to 2013. Along the same lines, all available historical series graphs show a large increase in the period before 2003 and then a consistent reduction until 2013 when an increase begins again.
Do a Google search for Gross Debt Charts or search for this article:
MACROECONOMIA
Dívida bruta ou dívida líquida, eis a questão
Source: Blog do Ibre FGV
@@Mal4dequal a fonte dessa informação?
Как мне нравится что Россия скатилась все ниже и ниже😊
@HeisdgFfggf не передергивай.. по внешнему долгу пусть будет США впереди планеты всей
@HeisdgFfggf тебе то из помойки всяко виднее
@HeisdgFfggf да, да, а что так веет духом горилки и сала?
@HeisdgFfggf ага, так я и поверил, ну и как там в гейропских татарстанах?
@HeisdgFfggf полетело ципсощное говно на вентилятор, здорово для кого? И где ты увидел благополучие в евросоюзе?
1997 ASEAN Financial Crisis
2009 European Debt Crisis
1973 and 1979, oil crisis.
Merci l’euro!
In 2014 Indian Debt was 50K Crore Now Its 157K Crore Thanks to modi
And $ was 64 Now 84, Har Har Modi, I am NRI good for me bad for Indians.
And they call this "sustainable development" 😂
Yes, since this sustains the debt...
@@slayypoint126bro i doubt that because debt of US gets bigger in geometric progression but economy doesn't
Interesting, since the EU formed suddenly all European countries entered the charts….
All OTAN countries...
And german shepherd bark india has highest debt 😅😆
In which video. I also want to watch.
Show evidence you son of a bitch.
Bhai uski apni ek alag hi dunia hai, khejriland...😂😂
when, who?
@@dreamsdocometrue.3730 search and find yar.
1991 💀
Ussr: hold my beer
1990 and we know who was responsible for that.
Modi as PM of India is a Boon to the People of India granted by God to the People of India !
Praise his As## daily
I fave friends in India, they want out, their future won't be in India.
"Congress days were gold. India was at the top of chart , see under Modi India is not in the Chart " - an average CONgress supporter
Media and opposition never fail us to keep us more ignorant.. 😊 in india
For india
470 bn of debt, was at 2014 and this value of past 40 years, between 2014-2021.. this is reduced to less than 450bn and no more debts were taken by this government.. and this is called governance.
I think you missed the last 10 sec where you will get no. Like 650b just recheck
It is total, indian government holds like 25% of this@@aminnadaf3245
Still lower than south korea with the size of 5th largest economy and low income level it is good @@aminnadaf3245
That's why you people are called andhbhakts. Technically they ar exposed in this video
Bro india ain't country like Dubai obviously we have to take debt for development but compared to past 65 or more these 10 r way better @@aminnadaf3245
Ютьюб удаляет комментарии на английском, которые я оставляю под этим видео. Обвинять в чём-либо ростовщиков нынче запрещено. Спасибо что пока хоть в тюрьму не сажают за это, Браво Ютьюб!
Напоминает людей набравших кредиты и не желающих отдавать))))
А им и не чем отдавать, чисто для того чтобы как то оправдать раздутость долларовой экономики и организовываются криптовалюты, без них, стоимость всего сша меньше, чем долг сша, то есть сша - банкрот, который НИКОГДА не отдаст долги.
@@alexanderbelousov7755 насчёт крипты верно подмечено, для США она выгодна. На мой взгляд биткоины и прочую ерунду нужно прикрывать, и без того инфляции много в мире.
Глубина нового кризиса будет такой, что все предыдущие, самые жосткие, покажутся цветочками
По вашему мнению, когда он будет?
@@user-vr2me5zt8g Время почти невозможно угадать.И накроет, когда никто и ждать не думал.
Но я сколняюсь к 27-28-29гг. Когда человейнтки обесцентся
Low debt with one of top 5 economy, amazing....Jai Bharat
I see all G7 there, but still making decisions for qorld
Горжусь Россией и своим президентом. Он смог вытащить страну из такой задницы, что многим и не снилось, и полностью рассчитаться с внешними долгами, причем многие из них нашей стране лостались от бывших республик.
Putin el rey de la guerra, pero que mueran otros,el no 😢
И теперь госдолг мал, потому что Россия никому не нужна и не интересна, разве что для того, чтобы заблочить всё, что только возможно)
лол :)
Согласен. Либерасты про это молчат в тряпочку.
Хорошо вытащил, в 2000 году долг был 150 миллиардов, а сейчас 300
Интересно, богатые страны типа США когда-нибудь будут возвращать свои долги? Или продолжат только набирать их в полной уверенности, что никто не рискнёт попросить их сделать это?
Как люди проснуться и поимут кто их враг тогда сша ответит за всё
They will get massive inflation and currency devaluation at some point.
de dollarization baby
с чего сша богатые?они живут за счет печатанья бумаги и покупки на эти фантики реальных ресурсов, лиши их этого и от богатства там за 10 лет ничего не останется будет как во времена великой депрессии
Они их возвращать не будут. Война все спишет.
Damn Algeria was top 10 in the 70's i just checked they have no debt at all in 2024 they even gave money to the monetary international fund 👏🏻
👏🏻
Запад, спасибо за санкции 😂 это лучший подарок России. Смотрим как вы ломаете свой мир, и радуемся 😂
As TRUMP said in the 1st debate, today the United States is a 3rd world country, with 180 million poor people and 55 million miserable people living in extreme poverty, the most unequal country in the world with wealth concentrated in the hands of 22 million rich people and 980 billionaires, with a middle class of 76 million increasingly falling into poverty, it is the most indebted country both externally and internally in the world in which its population has one of the highest PERCAPTA DEBT on the planet, in terms of comparison Brazil the 2⁰ most unequal country in the world, has much more equity with 43 million rich people, 69 billionaires, a robust middle class of 105 million Brazilians and much fewer poor people and poverty with 53 million poor people and 380 thousand Brazilians in extreme poverty, however in contrast to the European country, its populations are basically middle class and a growing number of 200 million poor and miserable people and few rich people and billionaires, but compared to Asia, Africa and Spanish America, poverty and extreme poverty prevail. USA big again? Never again, the decadence and fall of the USA is inevitable.
Trump is one of those who contributed to this situation...
Brazil is far from being the second most unequal country in the world 💁
Saudi Arabia. Gini Coefficient: 86.70% ...
Russia. Gini Coefficient: 86.90% ...
Namibia. Gini Coefficient: 87% ...
Equatorial Guinea. Gini Coefficient: 87.10% ...
Laos. Gini Coefficient: 87.30% ...
Philippines. Gini Coefficient: 87.30% ...
Sweden. Gini Coefficient: 87.40% ...
Oman. Gini Coefficient: 87.50%
These are the most unequal countries in the world
Это не правда
Brasil é pobre
5:25 brexit moment 😂😂
"Don't worry our export is growing!"
1997, Tony Blair's Labour
E sabe quando os EUA vão pagar essa divida? Nunca! Deveria chamar de dívida ETERNA e não externa...
Nenhum país vai pagar isso. Inclusive o bostil.
ماحدوانتفع من هاد البنك غير امريكا واوروبا
America owns it thats why they get so much money
Все что силтные государства должны, они простят. Не храните деньги в долгах США)
Holy crap the US people are living for free, why they are rich???? I don't get it....
They have the magic money printing machine.
The dólar is a reserve for various countries and is used around the world, the dólar has no value behind it, it has value cause it's used, thats Also why brics+ is a major concern to usa, the more the dolar stops being used, the more it's value will drop.
Because countries use the us dollar for trade and investment, the us dollar is needed in international trading markets. This allows the United States to print unlimited dollars to create value.
This is actually like having a money printing machine that you can use freely.
Brics? Hahah ok tell me another joke lol
@@AntonySimkinquem rir por último rir melhor 😂
In 1997, UK elected Tony Blair and the Labour party. 🤦♂️
In 2008, we elected Barack Obama and the communist party.
@@erickolb8581 Left of centre politics. Where the economy goes to die
@@nah88
Yeah, like the Tories were any better 🙄
It is a uni-party with flavours
@@midoevil7 Agreed. It just so happens that Tony and New Labour started it all off. Then the Tories decided to stop being Conservative and compounded the issues.
It's ok, the tax payers will sort it..
@@nah88 sort it with what ? voting another puppet?
Did any of the previous politicians pay any price for their mistakes or policies?
can the public that obeys every nonsense law oppose those who make the law ?
Самые богатые, по факту, самые нищие.....
Всё развитве страны имеющие наибольшие долги хотят большой войны с Россией в надежде списать свои долги.
Долги начали расти в одночасье, это какая-то новая экономическая модель, чем лучше страна торгует с другими, тем больше еë внешний долг. У россиян доллары "под подушкой", на это количество можно напечатать новых.
Ага, особенно сша, им срать на свои долги, все ими зелёными бумажками пользуются в мире, надо будет ещё напечатают, бумаги не жалко😂
Good job UK 😂😂
The story of India is ever inspiring!
From topping the list in 1970
to
Vanishing from the list in 2020,
it was just delightful to watch.
They call it still a developing nation, a 3rd world country, but atleast we dont have such vast disparities between the counts of rich and poor here, as was theirs. 🙂
You don’t have disparity between rich and poor because everyone is poor, same gdp per capita as Africa so of course you’re still a developing country
Запад живет в долг 💳
Все должны ФРС США. Только они могут эмитировать деньги в любых количествах.
@@serz1971они и жили в кредит всегда у них не было никогда ни денег не нефти ни золота,а рисовать на рулонах туалетной бумаги законом не запрещено.только почему то все до сих пор считают что это деньги.
@@vkob153 Каддафи решил что это не деньги! Ну и где теперь он?
Paper money put America into that much debt as it's given away 24/7. Since ex President Obama. American cash has been printed in China. Making the major debt belonging to China and not America. Americans only have their own personal debt. Not the National Debt.
Не было ни нефти ни золота? Они свои резервы хранят.. а так.. США экспортирует газа больше, чем Россия))) сектор технологий вообще лучше не смотреть) "госдолг" это не "взять в кредит на хлеб". Это совсем иное. Почитайте хоть, что-ли для приличия?
Hello , thanks for this good vidéo see you later my friend 👋 👋
Hello
That musical choice was amazing. What was it?
Как развалился СССР, так Америка рванула вперед вместе с Англией. 😅😅 Так и кто проиграл?
There is absolutely no reason why a resource rich country like Canada should be in this top 20.
26T in US
It's over 34T now..
@@voodjin debt party 🥳
@@voodjin around 35T now, a little yet.
😂
1. Место по долгам это Украина
соловьев сказал?
@@MadCheddaz голос разума сказал
Australia doesn't have a debt of 3.9 trillion US dollars. Back to the drawing board with that one!
This is an awesome visualization. You see how the normal pattern is for the big boys to go deeply into debt when there is a monetary crisis while the smaller players tighten their belts. And the resolution of that crisis allows the smaller guys to grow while the big economies pay down the debts they ran up. Up until the 2000 crisis where we quit paying down our debt.
Mexico's Debt in 2024 is 225B not 884 and I remember those old days with a HUGE external debt here, was sad.
En dónde viste eso?
Here in Brazil it is increasingly difficult to live
Thanks to PAN party to control the economy in México
@@cmnweb en realidad el banco ya no les prestaba más dinero básicamente mexico usó toda su linea de credito 😆
Brazil with the top for so long years, and when the tax rate decrease, they were out... What a stupity
É não está mais
Need a debt to GDP ratio based video
Only sensible comment here👍
Curious.... Developed or almost developed economies... Is there any way to create welfare without debt??
Who pay ? The aliens ?
У меня есть теория, сша на одну секунду опустит свою валюту ровно на столько чтобы хватило погасить этот долг одним биткоином 😅 и через секунду вернет прежний уровень доллара) 🎉
@@purum_rupum Something that I like about you, Russian troll : you are wasting your time, your electricity and your computer with your bullshits. So, all these time, computer and energy can not be use for your invasions anymore!
People and its citizen.
yo mama
Nobody pays, money keeps on circulating for indefinite time till Humans Existence, in the name of debt.
That's what happens when we elect lawyers to office and not people that have an understanding of economic
The USA the greediest nongiving country on planet earth.
American government really was like "the fuck you mean we aint first?"
Sadar gak kalian pemerintah indo itu lumayan bagus ngatur hutang luar negri lho, mulai yang hutangnya segitu banyaknya jadi keluar 20 besar itu sangat bagus sekali
Selama pemerintahan jokowi berarti indonesia ada kemajuan.Semoga pemerintahan sekarang jauh lbh baik.Aamiin
In debt to who, who take loan, who make decisions, who gives that loans? From where all that money to someone to barrow?
Bankers
1997 - Brazil #1 on the list
1998 - USA takes over out of blue
Did USA had negligible external debt before 1998?
Russia would be gone if debt and capitalism didnt exist....... Soviets/Russians collapsed atleast 4-5 times in the past for economical reasons
Provavelmente não estavam divulgando dados de dívida antes de 1998, pois só assim para isso fazer sentido.
США, Британия, Германия, Франция в топ-5 должников. И эти люди учат остальных жить?😏
Это для тех, кто тыкает вечно в адрес России. У лидеров внешний долг выше крыши, если у России будет такой долг, то США тут же сломаются. 😅
Basically the leaders would say, we are in your debt forever.😭
Being able to borrow foreign debt is a skill. If you are a weak country, who will lend you money? Who will buy your national debt?
Кому нужна бумага , ничем не подтвержденная?
I’m happy to know that my country don’t even enter the final list.
Can someone explain what happened to US in 1997-98 that it took on so much debt.
Capital management crisis and recession.
Развал СССР, экономика держалась на страхе перед СССР, многооборонных предприятий закрылось
You can really see where Canada threw the budget out the window
Faz os países africanos com a maior população de pessoas de pele branca comenta
Pesquisaremos sobre o tema abordado e, caso haja material suficiente, faremos um vídeo. 👍
@@CityGlobeTour Ok my Friend
@@CityGlobeTour eu espero
@JoseRobertoAzevedo-no5dd mais tem também a angola moçambique namíbia e outros
Vi na internet que tem portugueses em angola moçambique e até a áfrica do sul
Nice video!
If any big country is have a big paid problem deth. So who really control them ?
If Its the U.S no one can do something
what u mean
Dajjal bro
Jews
That's not true. More than half of US debt is internal debt: a debt of the government they owe to the federal reserve.
55-3
If you're Australian watching this you may notice Australia was nowhere to be seen until covid. Now labour is just spending the future away
Debt alone is not concerning, ratio of debt to GDP is
you don't pay debt with GDP but with tax revenues and that's the problem
Mau Kaya atau miskin mungkin suatu ketetapan. Tetapi, bisa saja berubah nasib...
You measure external.debt as percentage of GDP.
This data is bogus
You pay debt in dollars, euros, pounds or rupees, not in GDP.
@@awrRoman25 still the number really means nothing, it would if all the countries had the same budget
2T debt isn't the same for a country making 10T and one making 500B...
Your face is bogus @@KaotikBOOO
Данные не корректные у США долг на 2024 год 34 триллиона думаю и по остальным 10 ниже по списку «развитых» стран долги выше. Так что ситуация гораздо хуже чем ее показывают…
124-6
World Bank & IMF such nice guys & always open … for a price 😂
4:41 good job NATO countries
No debt/capitalism = poorer countries in general. Without it Russia would be gone, aka non existend after Soviet collapse in 90s....
Batı son yıllarda çok borçlanmış.amaçları savaş çıkarıp o borcu ödememek
People don't understand "debt". It hurts.
I have a question! Who are we actually in debt to ?
Circular debt I think or imf
Treasury bond holders. People or entities that bought treasury bonds. The largest debtholder of US debt is the US federal reserve. They buy and sell debt to help control the economy. Also state and local governments, private investors, pension funds, mutual funds, foreign investors, etc. If you go out and buy a US treasury bond, then the US govt is in debt to you.
Without loan you can not grow
And without human capital those loans will go down the drain too
@@arleigh31burke-zc2om what is human capital
How the fuck can the US dollar be worth anything when the country is that far into debt?
India❤
I heard recently that Brazil’s 2024 debt was a tiny fraction of what is shown in this video
Essa dívida está em dólar, por isso parece pequena.
Neden Türkiye'nin borcunun bittiğini kimse konuşmuyor? Enflasyondan başka bir şey söylemiyorsunuz. Acaba enflasyonu, devlet mi yapıyor yoksa özel şirket mi?
Инфляция вызвана тем что мировая торгоаля идет в долларах а в пандемию мистор президент США напечатал 7 триллионов долларов
Borcunu ödediği söylüyorsun peki nasıl ödendiğini biliyor musun? Demir yolları köprüler otoyollar elektrik dağıtım şirketleri Türk Telekom gibi ülkenin bel kemiği olan bütün altyapı özelleştirme adı altında ya satıldı ya da kiralandı. Gelen paranin bit kısmıyla da borç ödendi. Geri kalan kısmıyla da akrabalarin cepleri dolduruldu. Sen de bundan bahsetsene. Gelmiş at gözlüğünle enflasyonu yapan özel şirket diyorsun. Enflasyon ülkenin yonetilememesi ve dışa bağımlılığın bı sonucudur. Kendi kendine yetebilse dış güçlerden etkilenmeden ülkede refah olur ve enflasyon olmaz. Gerçi sana göre zaten ülkede enflasyon yoktur çok takma kafana, makarnaya devam👍
Mr. Jokowi is the greatest leader Indonesia ever had. Their people should be grateful.
😅
France 5eme en 2024
Our government has us at Basically 100T in debt. So why TF do you dare to give us ( the people ) a credit score when you blow money like no tomorrow?!?!?!
G7 top!
Debt7 😂😂
And the average brazilian believes Brazil's got it bad lol
Toca a pagar
Actually, USA has so many internal resources which it is not using but taking debts from outside to maintain. Remaining all countries are using their natural resources.
171-10
As a British citizen, I'm pleased that 14 years of Tory Austerity have been so successful smh.
What "genius" created this video? USA "External Debt" is only 6 trillion. The rest is internal.
Lol no did you at least google it I see 17 this guy says 18
US still waiting on its gold medal
What happened in the late 90s that American and European debt exploded?
Getting the power over the world by printing.
70*s. Nixon disallowed foreign countries to trade their currency with gold and only the dollar. Making the dollar a fiat currency because it’s backed by nothing but confidence.
petrodollar goes vroom
now saudi broke it
@@ZenoSamaOmniKingnot exactly, they are still using it and would use it in future. They just diversified. Also, they are still tied heavily to western econonics, new projects and new semiconductor facilities comming from western partners etc.
@@samfkt I told they broke petrodollar , which is absolutely true
also saudi joined brics
what are u even saying
What is ridiculous about this graph is that it is the opposite of how banks view common people, here the more debt you have the more wealthy you are considered.
Most people borrow for consumptive loan, if they don't borrow that's because they can purchase things from money they saved. Govrtnment don't work for profit, a state can't hoard money
Como disse TRUMP no 1⁰ debate, hoje o Estados Unidos é um país de 3⁰mundo, com 180 milhões de pobres e 55 milhões de miseráveis vivendo na extrema pobreza, o país mais desigual do mundo com a riqueza concentrada nas mão de 22 milhões de ricos e 980 bilionários, com uma classe média de 76 milhões cada vez mais em citação de entrar na pobreza, é o país mais endividado externo e interno do mundo no qual a sua população tem uma das maiores DÍVIDA PERCAPTA do planeta, em termos de comparação o Brasil o 2⁰ país mais desigual do mundo, tem muito mais equidade com 43 milhões de ricos, 69 bilionários, uma classe média robusta de 105 milhões de brasileiros e muito menos pobres e pobreza com 53 milhões de pobres e 380 mil brasileiros na extrema pobreza, porém em compensação com país europeu suas populações são basicamente classe média e um crescente número de 200 milhões de pobres e miseráveis e poucos ricos e bilionários, mas se comparado a Ásia África e América española impera a pobreza e extrema pobreza
This is not accurate.
Debt to who?
Bank IMF
World
Deep state
Private hedgefonds?
Deep state
I've only ever been in debt to buy my first car, 28 years ago, and paid it back. So this has zero to do with me.
To all the countries fighting drugs don't do it, that is the number one factor in the United States, national debt was the war on drugs. Every country that adopted the war on drugs is now in great debt.
As I see it: drug is winning.