A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. That’s the total amount that governments, households and corporations around the world owed in June 2022, as estimated by the Institute of International Finance.
“Failure to meet the government’s obligations would cause irreparable harm to the US economy, the livelihoods of all Americans, and global financial stability,” she wrote. “Indeed, in the past, even threats that the U.S. government might fail to meet its obligations have caused real harm, including the only credit rating downgrade in the history of our nation in 2011.” Moody’s Analytics sees a failure to lift the debt limit as “cataclysmic.
Who is the lender and what is the interest rate?
who owns this debt? Who has the money to borrow so much?
Why not just forgive it? Is this what Biden does?
Who are we owing? This is just confusing af.
Fake digital money created at fractional banks so they could load it out to earn interest.
Who we dey owe?
Morally too
To whom
Yay! They can’t collect on us all! Debt it up folks, run amuck! LoL watch “them” flounder. Think I am lying?
Who does the world owe all this debt to
Wow
The aliens are going to throw us out of earth.
to who or better say to whom?
And who is the world indebted to? There's a 1% in control of everything, probably worth more than the 'debt' owed. Cancel student loans, reduce mortgage rates, provide opportunities so borrowing is reduced but then how do you do this when the 1% thrives off the impoverished.
The wold is in financial debt to the world! This sentence would stand once we colinized Mars our if we had dealings with extra terrestrials. Now it's just people ripping other people off
Who tf we owe, Thanos?
Indebted to who? Mars? Jupiter?
The world should just say no. Forgive all debt worldwide and start over
The world is in debt to who? God or Satan?
As soon US$ paper money collapses there will reset to World debt and end to paper currencies not backed by gold base and real value.
Who do we owe?🤷🏾♂️
So nobody is rich 🤣🤣
Yeah, they have to pay for food on their credit cards. FJB
I been done that
I don't o a dime no credit cards nothing !
The world is in debt but billionaire list extended and on, what a single person or a firm can do alone, we can get on loan basis and return on equity basis, it works,
Health care with transition of energy do be expensive
Reset that didn't work in 2020? There can't be this' reset' you're wishing
Exactly 3 hundred trillion dollars. Miraculous coincidence
Lol dnt wry, bidens gna print more money to pay it off!
The world can’t be in debt, in debt to who? For every debtor there is a creditor.
Here’s a solution. 😄
Is in debt to who?
The credit card could be a deathly weapon for the person who can't use it properly😗
And if Trump was president you would mention his name
So we're in hock to Mars?
Over 10% of this debt is US National Debt so... 🙂 Dollar is debt. bitcoin will fix it.
The world is not in debt you people create a system people to be in debt so that you can keep them in poverty always
You don't seem to mind when our government borrows trillions. Free Free free
To whom all this money is owed ? Can CNN answer ?
The US has 11% of that number and counting
Money is fake
And there’s also a record number of wealthy people too
And yet the Dems still want to pay off tuition debt and ship more millions of $ to other countries
I don’t trust CNN
😬
They’re all in debt to each other aren’t they?
What they doing with all our tax $ ?
It's not if there will be a worldwide economic collapse, it's when.
I’m excited for fiat currencies all around the world to implode
Who do we owe the money to ? The Deceptacons?
Has does global debt exceed global gdp
The South is Hiding from YANKEE
The world is in debt to whom exactly? Did we secretly make contact with some form of extraterrestrial life, that has been loaning us money? Oh, wait, you just mean violent greedy assholes who have stolen and hoarded the earth’s resources for their own, as if they had the right
That's fake plastic money for yah!
Quick - raise the debt ceiling 🙄
🤦🏽♀️🤦🏽♀️🤦🏽♀️😡😡😡😥😥😥
Debt to who
But but.... according to Biden the US is in the best shape it has ever been. Of course, it is all because of him.
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