re: World debt-who’s the recipient?

If you want a really in depth look at what’s going on on a global scale and what’s likely to happen then read
“The End of the World is just the beginning” by Peter Zihan who is an economist.

China has hyper financed construction projects to try and “fake it till you make it.” However they’re likely to completely collapse in the next decade. Their population will be cut in half by the year 2050.

This will all have a very big impact on a global scale as well bc manufacturing will have to start shifting now to prepare for it.