IN DEBT WE TRUST

The global debt reached over $300 trillion in 2023. Don’t worry — we’re all broke together.

✓ TRUE FACT
Global debt (government + household + corporate) crossed $300T in 2023, with estimates around $304.9T in early 2023 depending on methodology. This figure is often tracked by major finance institutes using aggregated national debt data.

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The first “wealth manager” was simply a person hiding money from relatives. Strategy: avoidance.Warren Buffett bought his first stock at 11. Meanwhile, you were just discovering Pop-Tarts.The first “gold standard” was set by a guy who just really liked shiny things. Economic policy by aesthetics.The stock market began when two people argued about grain prices and refused to stop. Volatility is just stubbornness with charts.The most expensive coin ever sold is a 1794 Flowing Hair Silver Dollar, sold for over $10 million. Someone really took “spare change” literally.“Liquidity” was defined after a trader tried to sell a castle quickly. Turns out stone is not liquid.See all In Debt We Trust facts →

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The global debt reached over $300 trillion in 2023. Don’t worry — we’re all broke together. | SmartAss Facts