Bill’s Commentary:
“Debt giveth and debt will taketh away!”
Ranked: The World’s Biggest Economies vs. Debt in 2026
A large economy gives a government a broad tax base, but economic size does not necessarily translate into a lower debt burden. Some of the world’s largest economies owe more than a year’s worth of economic output, while smaller countries can carry even higher debt ratios for very different reasons.
This graphic compares the 30 largest economies by nominal GDP with the 30 highest government debt-to-GDP ratios in 2026, using estimates and projections from the International Monetary Fund’s October 2026 World Economic Outlook.
GDP is measured in current U.S. dollars, while debt refers to general government gross debt.
Bill’s Commentary:
“They are only doing what is in THEIR best interests…!”
Russia switches to national currencies in trade with EAEU states — official
MINSK, November 3. /TASS/. Russia has fully transitioned to national currencies in trade with the Eurasian Economic Union (EAEU) member states, bypassing the use of the US dollar and the euro, State Secretary of the Union State of Russia and Belarus Sergey Glazyev announced at the 4th Minsk International Conference on Eurasian Security.
“All mutual trade within the Union State and the EAEU between Russia and its key partners has been shifted to national currencies. In fact, we no longer use the dollar, the euro, the pound, or any other currencies that have become toxic and are weaponized as political tools for pressure,” Glazyev said.
According to him, the first proposals to introduce a global settlement currency have already emerged. “Nothing prevents us from launching such a settlement currency as a step forward within our Union State, based at the high-tech hub in Minsk. Relevant proposals are, so to speak, already on the table,” Glazyev added.
Bill’s Commentary:
“I believe she is directly over the target!