If whole world is under debt then who is the lender
![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
Great question, think again.. I will give you some more minutes.. 3.. 2.. 1.. Okay you couldn't figure it out, maybe it's us the people who are lending them money for their shit in terms of Tax?
It no doesn't work like that.
The government's receipt of tax would be an actual asset onto the balance sheet of dee gob ment and reduce the amount of their debt.....
A debt means that the gob mnt... has been too scared (or sneaky) to actually levy a tax that would show how much things actually cost (or how much they are spending), so instead, they do the chicken shit action of getting the money anyhow by issuing debt and.. they are borrowing from rich people and countries (who may have had to pay taxes in the past, but instead these entities do not pay tax (or frequently they are not paying as much tax as they are claiming to pay.. through their whining..), instead the rich peeps, companies and even udder gobermnts lend money to the various gob ermnts and receive interest on how much they lend.... .. however, when they start to lose confidence in the gob mnts willingness or ability to pay back (or even the fact that some of the gobernments might start seizing accounts), then they lose confidence and they do not want to lend anymore....
because they do not want debts denominated in an asset that might go to zero or get seized... so then at that point, sometimes the governments will make matters worse by buying their own debts in a kind of circle jerk.. which surely is through money printing (even though they say that it is not)... .. and of course, the people do end up paying for all of this in the end because the prices go up because the money is way less scarce... and not really based on anything.. and taxes are not covering expenses.. which also leads to a kind of snowballing effects of desperation in that the governments want to start taxing more when they probably should have either been taxing more from the start or at least living within their means from the start, but hey, it is too late for any of that kind of prudence.. so they still get desperate to receive taxes because even they know that the money printing cycle is not sustainable..
seems like a mess and seems like we have no way out of this mess.. right?. I cannot think of any way out, except to be depressed about the whole matter.
Here is list of top indebted countries of the world.
Almost all big economic powers like USA, Japan, China are prominent in this list.
If whole world is under debt then who is the lender ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F6AhVaPk.jpeg&t=665&c=bJa1exILbcMLaw)
Source: VGraphs Facebook Page
The United States of America is in debt to me and my wife.
In fact any US citizen can buy an I bond and the US gov will be in debt to them.
My wife and I plan to increase the USA’s debt to us every year for the next five years.
Even if you are wanting to stay somewhat liquid, that's a pretty dumb investment...
Have you ever heard of Cornz..? I think they call it dee cornz.
Here is list of top indebted countries of the world.
Almost all big economic powers like USA, Japan, China are prominent in this list.
If whole world is under debt then who is the lender ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
Source: VGraphs Facebook Page
Most of these loans are from their own people. Like the countries take loans from their people primarily selling bonds. Insurance companies and pension funds lend money to the govt by collecting bonds. Other countries, IMF, the world bank, and JAICA are also some sources of funds for the under develop and developing countries.
Various governments mandate certain investment funds to have to buy a certain level of bonds.. something like 40%.. so yeah, they lock in purchasers of their shitty bonds, but in times like these, these guys who are forced to invest in bonds with their funds (and even their quasi-public pooled funds) are likely going to get more and more disgruntled regarding how the bond portions are ongoingly dragging down the performance of their whole investment portfolios.. and even causing disgruntlement of the end users too. .who want to be able to live off of the appreciation of their investments.. which are underperforming the market and even underperforming the cost of living.. real negative returns on an ongoing basis is not good for morale.. Maybe at some point they will be able to have some flexibility to diversify some of their managed funds into some likely to be higher performing assets (if they could figure out what the higher performing asset might be? and how to diversify such fund.. 1% to 25%.. and can even error on the lower side of the amount and do much better.. methinks.. . .no guarantees of course... but we have some ongoingly trying times in front of us regarding how some of these funds are going to continue to perform, no? and will disgruntledness lead to insolvencies, too?.. or at least cuts in how much benefits some of those funds can pay out and maintain sustainability... did you hear about the Canadian trust fund that invested in Celsius?. these entities are desperate and greedy for returns.. ).