RedwoodInvest @RedwoodInvest: ""One man's debts are another..."

Ireland

"One man's debts are another man's assets." We are living in a sovereign dept crisis. Here's an updated list of the top ten countries by sovereign debt, including figures and debt-to-GDP ratios as of the latest available data: United States Total Debt: Approximately $33.5 trillion Debt-to-GDP Ratio: Around 125% Japan Total Debt: Approximately $13.5 trillion Debt-to-GDP Ratio: Around 260% China Total Debt: Approximately $6.7 trillion Debt-to-GDP Ratio: Around 67% Germany Total Debt: Approximately $3.7 trillion Debt-to-GDP Ratio: Around 70% United Kingdom Total Debt: Approximately $3.0 trillion Debt-to-GDP Ratio: Around 90% France Total Debt: Approximately $3.1 trillion Debt-to-GDP Ratio: Around 110% Italy Total Debt: Approximately $3.0 trillion Debt-to-GDP Ratio: Around 145% Brazil Total Debt: Approximately $1.8 trillion Debt-to-GDP Ratio: Around 85% India Total Debt: Approximately $1.6 trillion Debt-to-GDP Ratio: Around 90% Canada Total Debt: Approximately $1.2 trillion Debt-to-GDP Ratio: Around 70% These figures are estimates and can vary slightly based on different sources and updates. Debt-to-GDP ratios represent the total amount of debt relative to the country's GDP, providing a measure of the country's debt burden relative to its economic output. According to estimates, the total global sovereign debt is approximately $92 trillion. If debt functions as an asset through government bonds, treasuries, and other forms, and is used as collateral, does this mean we’re living in a precarious financial situation? Who exactly holds this massive amount of debt? Aren't we living in or surrounded by a house of cards? $SPX500 $GOLD $GOLD.BARRICK (Barrick Gold) $NSDQ100 $TLT $MARA (Marathon Digital Holdings Inc.) $RIOT (Riot Platforms Inc)

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SPX500

GOLD

GOLD.BARRICK

Barrick Gold

NSDQ100

TLT

iShares 20+ Year Treasury Bond ETF

MARA

Marathon Digital Holdings Inc.

RIOT

Riot Platforms Inc