In 2024, global public debt is forecast to reach $102 trillion, with the U.S. and China largely contributing to rising levels of debt.
This marks a $5 trillion increase since 2023 alone. Looking ahead, debt levels are projected to increase faster than previously expected as government policies fail to address debt risks amid aging populations and increasing healthcare costs. Going further, rising geopolitical tensions could lead to higher spending on defense, adding strain to government budgets.
This graphic shows government debt by country in 2024, based on data from the IMF’s October 2024 World Economic Outlook.
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$102T of assets people are depending on these nations to pay
Who are they in debt to? That's the question
Look at all these printed IOUs that mean nothing but enslaving everything.
It's always been like this, since ancient times. We have to differentiate between good debt and bad debt. I don't know which of the debt represented is good debt!
That’s a whole lot of fiat
48x bitcoin market cap