Correct!!
We are the largest debtor nation in the history of the planet.
Correct again!!
Our liabilities are 10 times our annual GDP.
Huh? Annual GDP is about $12 trillion. Where have you seen our liabilities are $120 trillion?
Sorry, I mis-stated. Liabilities are 8 times GDP. GDP is $10T not $12T. Liabilities (not current deficit) are $80T.
BTW, Where have you seen Net Worth at record levels?