Global Debt 2026 : Who Holds the Nations’ Debt? | EP06 T1

EP06 — World DebtThe entire world owes more money than it has ever owed in human history. And nobody is asking who pays it back.Global debt crossed $315 trillion in 2024. That's $315,000,000,000,000 — roughly 330% of world GDP. Governments, corporations, and households borrowed their way through every crisis for thirty years. The bill exists. The mechanism to pay it doesn't.This episode dissects the exact structure behind the global debt machine: how reserve currency mechanics allow some countries to borrow without consequences, why rollover risk is the silent threat inside every sovereign balance sheet, and what the IMF's own data shows about who holds the exposure.Stage by stage. Layer by layer.What you'll find in this autopsy:— How the dollar's reserve status turned US debt into everyone else's problem— Why $7 trillion in sovereign debt matures in 2024 alone — and what happens when it can't roll— The capital flight patterns that appear before a sovereign debt crisis is officially declared— The active threat to any cross-border portfolio today — US, LatAm, and EuropeThis isn't a warning. It's already in motion. And it's still running.Hosted by Sergio Stieben — capital markets advisor, 15 years in GP/LP relations, institutional investor relations, and cross-border finance US-LatAm-Europe. Master in Finance (Di Tella, CFA-aligned).Financial Forensics: Autopsy Files — Every collapse has a pattern. We dissect it. Layer by layer.🎧 Follow on Spotify for every autopsy as it drops.