100 trillion dollars. That’s a number humanity can no longer afford to ignore. Every person on Earth is already born with $13,000 of debt, and this figure grows every second. The world lives on credit: the US, Japan, Germany, China — everyone owes. But to whom? And who really controls this system? This is the story of how the world ended up pledged to its own debts. From the first IOUs in medieval Venice to today’s rating agencies that decide which countries deserve trust and which do not. Why America can borrow endlessly while Argentina collapses in every crisis. How China turned from a borrower into a major creditor for hundreds of countries. And what happens if trust in debt disappears, when a system built on promises finally breaks. ➤ Inst: @sokolovskiy 🕑 Timecodes: 00:00 Introduction 01:20 From Venetian IOUs to global dominance 03:05 Who does the world owe? The US, China, Japan and developing countries 05:53 How countries borrow money and why investors lend to them 07:00 Not all countries are equally reliable 07:28 The main secret of the system 08:21 Three companies that decide the fate of nations 11:08 From prosperity to collapse: the pathologies of global debt 13:36 How the debt system can both save and destroy: the case of Argentina 16:46 Can the world live in debt forever, or will the bubble burst? Three possible scenarios 🔴 This video and its contents are for informational purposes only and do not constitute financial or investment advice. #falcon #economy #finance #debt #globaleconomy #crisis #default #USA #China #inflation