Have You Ever Wondered

                Did you know the WORLD is TRILLIONS of dollars in debt?! To be exact, $59.7 trillion and counting. The founder of Visual Capitalist, Jeff Desjardins, "Broke down how much of the world's sovereign debt each country holds." This means that he broke down how much each supreme ruler owed in this large debt. America holds the largest chunk of the debt holding 29.05% aka $15 trillion of it. Amazing country huh?

                What started this debt is loans. (http://www.economist.com/content/global_debt_clock) says that majority of the world's debt comes from countries giving loans to other countries that need a little extra money for their citizens or community. The loans and debt didn't start getting out of hand until the 70s. Ever since then it's just been growing and growing. America holds the most debt as I said before, but countries that least owe money are in Africa. That could be the reason why a lot of Africa is in poverty, or the reason they have so many beautiful cities.

               The global clock says that we don't owe our money to the Martians. Even though there have been many rumors that we owe half our debt to them.Citizens mostly thought America would owe money to the Martians because of how powerful our government is. Goofy right?

               This debt in my opinion is good but bad at the same time. However, I believe it is extremely high for what I thought is an amazing world. Also since the best country in the world holds 30% of that debt, it makes me question why we are so powerful. If we don't plan on paying each other back, how are we supposed to trust each other from one country to another. At first I thought it let another country take advantage of a country in high debt, when it really doesn't.
                 

            In conclusion, I presume that you can tell that the world isn't as perfect as we think it is. Well besides the wars and what not. Though, I never even knew the world was even in debt. This project expanded my world knowledge in many different ways.