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Explore the complexities of global debt, including the treatment of conquered countries' debts, common misconceptions, and a comparison of external debt by countries in 2023. Discover who the US owes its staggering $35 trillion debt to and how national debt works. Stay informed with Economics Explained.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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