US National Debt
US national debt exceeds $36.6 trillion. Debt-to-GDP ratio above 120%. Annual interest payments exceed $1 trillion — larger than defence spending. Debt ceiling politics create periodic crises.
European Debt Rankings
Debt-to-GDP ratios for all 27 EU members plus UK. Greece, Italy, France, and Spain carry the highest ratios. Germany and the Nordics maintain relatively lower debt levels.
Debt Per Capita
National debt divided by population reveals the per-person burden. US debt per capita exceeds $100,000. Japan's exceeds $80,000. Visualised as a ranking with country flag icons.
Why This Matters for Bitcoin
Sovereign debt that can never be repaid in real terms will be inflated away. Central banks will need to monetise government debt through balance sheet expansion. This monetary debasement is the core thesis for Bitcoin as a store of value.