# Why Is Every Country In Debt? | Pocket Byte #48

Page: https://stenobird.com/podcast/the-wealth-effect-7275545/why-is-every-country-in-debt-pocket-byte-48
Text version: https://stenobird.com/podcast/the-wealth-effect-7275545/why-is-every-country-in-debt-pocket-byte-48.md
Podcast: [The Wealth Effect](https://stenobird.com/podcast/the-wealth-effect-7275545)
Published: 2026-04-18T10:22:19+00:00
Episode link: https://bleav.com/shows/the-wealth-effect/episodes/why-is-every-country-in-debt-pocket-byte-48/
Audio file: https://pscrb.fm/rss/p/mgln.ai/e/1385/injector.simplecastaudio.com/cb568271-6302-4893-99d0-bf7ae844beac/episodes/b0638227-31af-413f-b471-0abc574ac601/audio/128/default.mp3?aid=rss_feed&awCollectionId=cb568271-6302-4893-99d0-bf7ae844beac&awEpisodeId=b0638227-31af-413f-b471-0abc574ac601&feed=6aIi57wF
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JSON: https://stenobird.com/v1/public/podcasts/the-wealth-effect-7275545/episodes/why-is-every-country-in-debt-pocket-byte-48
Duration seconds: 1041

## Resource

In this episode of The Wealth Effect, we break down the largest balance sheet in existence: national debt. Not just what it is, but how it actually works, who owns it, and why the entire global economy depends on it continuing to grow.

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## Transcript

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