Debt and (not much) deleveraging, McKinsey Global Institute The entire world is in debt, huge debt… a debt of 199 trillion dollars, 18 of which is own just by America alone, but the question is, to whom do we owe such a vast unimaginable sum of money? To companies? To a small 1%? Maybe communism had it right with its economic equality after all. How did the world end up in this hellhole anyway?...