And since “we” own the “world’, it isn’t debt, it’s owner equity.
The Dow is 'only' at -384 at the moment.
Well-connected people take control of real, physical assets by using fiat currency wished into existence.
Meanwhile the purchasing power of people who work and pay taxes is being eroded every day. Savers are punished and the middle-class is being hollowed out.
The issuing of Fiat currency is an act of theft. The covering of public debt with printed money is an act of theft. It is a crime in progress. Please do not try to mitigate it with breezy statements like ‘the world owes itself’. Theft is immoral.
We’re near the end now. Buy precious metals and real assets. Your economic independence depends on it.