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==Comparisons of Chinese, Russian and American government debt to GDP ==
 
==Comparisons of Chinese, Russian and American government debt to GDP ==
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*[[United States]] - 128% (2024 data)
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*[[China]] - 90.1%<ref>In 2024, China's total government debt to GDP, which includes national/local debt, was estimated to be over 300% and local governments' debt is a major contributor to this total. However, many financial analyst believe that China inflates its GDP. The January 23, 2024 ''South China Morning Post'' article [https://archive.ph/qKFgg ''China claims ‘biggest corruption in statistical sphere’ amid fake data crackdown''] indicates: "The accuracy of China's economic data has long been questioned, as many feel there is a gap between reality on the ground and the official figures, and Beijing has intensified efforts to crack down on data fraud in recent years amid efforts to dispel doubts."</ref>
 
*[[China]] - 90.1%<ref>In 2024, China's total government debt to GDP, which includes national/local debt, was estimated to be over 300% and local governments' debt is a major contributor to this total. However, many financial analyst believe that China inflates its GDP. The January 23, 2024 ''South China Morning Post'' article [https://archive.ph/qKFgg ''China claims ‘biggest corruption in statistical sphere’ amid fake data crackdown''] indicates: "The accuracy of China's economic data has long been questioned, as many feel there is a gap between reality on the ground and the official figures, and Beijing has intensified efforts to crack down on data fraud in recent years amid efforts to dispel doubts."</ref>
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*[[United States]] - 128% (2024 data)
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*[[Russian Federation]] - 20% (2024 data)
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*[[Russian Federation]] - 20% (2024 data_
      
== War debt and the collapse of empires ==
 
== War debt and the collapse of empires ==
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