Comment by toolslive
6 hours ago
yes. but most of it is not to other countries. Most government debt (over 80% globally) is privately owned through sovereign debt instruments like bonds.
6 hours ago
yes. but most of it is not to other countries. Most government debt (over 80% globally) is privately owned through sovereign debt instruments like bonds.
And who owns the bonds?
Private citizens and companies, as the gp said.