If Every Country Is In Debt Crisis.. Who Is the Lender?

Why is every country in debt? And who do they owe? Global debt hit a record of about $353 trillion in early 2026, according to the Institute of International Finance. The United States, Japan, Europe, and even oil-rich nations all owe money. So who is on the other side of the loan? Mr. Owe explains the biggest illusion in global finance with simple stickman animation and real numbers from Indonesia. IN THIS VIDEO - Why every debt is also someone else's asset - How the Bank of England (1694) created the modern government bond market - How governments "roll over" old debt with new debt - Why borrowing in dollars, euros, or yuan is risky - Indonesia's debt today: Rp10,293.69 trillion in government debt (41.26% of GDP, June 2026) and $454.8 billion in external debt (July 2026) - What happens to a dollar loan when the rupiah weakens - What the Asian financial crisis, Argentina, Sri Lanka, and Greece teach us - Why Japan can carry huge debt without collapsing - What "borrowing from your own people" really means QUESTION FOR YOU Which country are you watching from, and does it borrow too much from abroad? Tell me in the comments. SOURCES - Institute of International Finance, Global Debt Monitor (Q1 2026) - Indonesia Ministry of Finance (DJPPR), government debt position, June 2026 - Bank Indonesia, External Debt Statistics, July 2026 Note: the exchange-rate example (Rp17,500 to Rp20,000 per dollar) is a hypothetical illustration. SUBSCRIBE Mr. Owe explains money, debt, and the global economy with simple stickman animation. New videos every day/week. Next video: what happens when a country can't pay its debt. Educational content only. This is not financial advice. #GlobalDebt #NationalDebt #EconomyExplained