Who's In The Most Debt?

Which country is in the most debt?

Keynes would've loved this one.

Sources:

Crashed - Adam Tooze

[Serpenteent]

#1 in debt because we’re always number one RAAAHHH 🦅🦅🦅🦅🦅

[YT_coolking]

By borrowing money to pay a past debt you can understand how desperate Greece's economy is

[codysparks]

Love how you immediately cut to the chase and said the answer is the US.

[beavis]

i just found this channel and i have to say i think you've created such a great way for young people to learn about the world. your videos are simplistic, realistic, unbiased, while also being funny and attention grabbing. i appreciate your work!

[tonysilke]

The U.S. economy relies on ongoing credit and debt generation for sustenance. The Federal Reserve is expected to increase the money supply, leading to further debt accumulation for the average American. Meanwhile, foreign nations continue to desire the U.S. dollar, despite their own economies facing significant challenges, some even worse than that of the U.S. This situation raises concerns about who will ultimately bear the consequences of these economic dynamics.

[evan]

Thanks for breaking this complex issue down so well. I guess you could say… I’m in your debt

[michaeltamke]

For the better part of the 2010s Germany borrowed money for a NEGATIVE interest rate. Lenders payed Germany to lend them their money. Absolute ridiculous. The German Minister of Finance was happy, though.

[dogthedog]

As a greek when i saw the title i knew the video would mention Greece 😅

[nothelios]

Europe: "Hey Greece can we get our money back?"

Greece: "NUH UH"

[umutavc]

Thank you for being there MYSTICFLIP when I wanted you I was lost in this new world that I was hassled to start with ....you not only guided me along the way but you also showed me the proper way....whatever little I have been able to achieve in life is because of you today I want to thank you for being there and showing me the proper way of doing thing for me you are my best guide as you truly showed me the way to life....once again, I would like to tell you a heartfelt thanks for being there.

[Rotblattchinchilla]

This is why in Germany the word "Debt" translates to "Schuld", a word that also literally means "guilt" :D

[Shakshuka]

Remember that money is just a placeholder for debt and US debt is one of the most desirable global assets with Japan holding the most of it

[singlefather]

When the debt is from your own central bank, it is a little different. Japan has so much debt, but they also have more asset that pays more than the interest they need to pay. Also, Japan has a hidden U.S. dollar asset that they don’t talk about. When Japanese yen was at their highest, Japanese government unofficially printed more yen to buy U.S. dollars. The yen was twice as strong as it is right now. That U.S. currency can be sold at 100% profit. But it is sitting collecting dust as a shadow savings. So the nature of Japan’s debt is so different.

[Triring]

A misconception on government debt, Japan's bond are mostly owned by their own citizens while the USA bonds are (30%) by foreign corporations and other nations.
Foreign nations holds US bonds as hedge to lower their currency against the US dollar.
Most all international trades are transacted through US dollar so all nations needs to manage their currency exchange against the dollar or the dollar will become to high and will make it impossible to commodity like crude oil, various mineral ores, wheat, etc.
Japan also holds the most US bonds to keep the Yen managable since Japan buys those commodity using the US Dollars as the transaction currency.
As for Japans debt/bond, Japan also holds alot of foreign government bonds/debts and also lends a lot of money through overseas economic/development assistance.
In essence you need to look at the government balance sheet to actually see how the actual health of the nations.
One more thing, US most largest export items is the US Dollars through US government bonds/debts.

[FredericoASousa]

I get that it takes a lot of time to make this, and I want you to take your time and keep a schedule you are comfortable, but I wish you made more videos. I love this content so much. It's actually informative and it seems very unbiased (even jokes hit everyone equally).
Your comedy to information to editing is just top notch.
You're great

[am]

I’ll take on all the debt of every country guys don’t worry

[Kasquede]

I’ve always struggled with learning about securities and international finance-type stuff for some reason, so genuinely thank you for explaining it in such clear and easy to understand terms, h0ser.

[HasanKoc-dgbq]

You should do a new video about MYSTICFLIP ! I really like you’re mellow delivery and you seem like you’re very knowledgeable. I watch lots of influencers and you always seem very calculated and know exactly what you’re talking about and understand it. You’re better at explaining complicated things simply, than any other person on youtube keep it up brother!

[maxtube]

I’d kill for a video just showcasing all of the different animals you use for these videos xd

[jarry]

Incredibly excellent video. I work in government and do a LOT of financing with it so this was interesting.