Can some one please explain to me how every first world country in the world is in dept? Where the fuck is all the money? Is it in Scrooge McDucks giant money vault? It makes no sense to me!

*debt

Due to various events in history, many attributed to wars and whatnot, these countries asked for loans from other countries with the intent to one day pay them back. This created the invisible deficit that they now face, and due to how frequently they had to do it, they lack the physical money to repay it in full.

Remember that money is a medium. In the end, a piece of paper with a dead guy on it means jack squat - it's a tool used in place of a direct bartering system, to universalize the world's market and put values on everything for simplicity's sake. This is why everyone can be in debt and still function properly - they basically threw IOU's everywhere, creating another pool of "invisible money" in the form of debts.

Anyone actually know economics, and can explain more thoroughly? I understand all of this on a highschool level at best; I never did my own research on it myself other than that.

Misuto says something profound. (and correct)

My words can't compare..

And thus, I end up saying nothing |lOTL

^ That's beginning to become a routine with other members too :I