People have been excited about these numbers for at least 30 years. "The first National Debt Clock was installed on February 20, 1989" https://en.wikipedia.org/wiki/National_Debt_Clock It doesn't change anything. They keep going up and the average joe has no idea what they mean except that it's such a large number that it's hard for him to read it.

It is difficult for these numbers not to increase with the growing demand for cash (resulting from the growing number of goods) and new money in circulation is issued only through debt

It's not just central banks that print. Every retail bank granting regular loans prints this to a much much greater extent. Thats how current monetary system works. Even a commercial banks can lend money it does not have ("Lend into existance")

This article explains how the majority of money in the modern economy is created by commercial banks making loans

The ratio of debt to GDP is much more important than the value of debt

I really like the design of those lists.
It's funny how Russia has the best debt/GDP ratio, while Japan has the worst. I used to remember that the Japanese people were pretty motivated at saving more money, but on the other hand, the Japanese government has enormous debt. China also has big hidden debts.
We might be heading towards mass government default in the near future. I don't see it as a tragedy. A mass default and a global Great Depression will be necessary for the global economy to get rid of all this debt. The world will sooner or later find an alternative to the fiat/banking/debt oriented/money printing financial system.

I'm not an economist, but I've read several times that Japan tested some very strange economic models in the past that led to exactly these results. In addition, I think that Japan (as well as some other countries) actually owe most of these debts to themselves, because it is about borrowing money that happened between various domestic institutions.

Of course, it is very strange that we see such numbers in a country where people are very hardworking, mostly very honest and have a sense of business - but since the time of capitulation in the Second World War, they have been greatly influenced by those who defeated them, and this is the case even today. I read that part of the Japanese population is even protesting and demanding the departure of US military forces from Japan, but Japanese politics is anything but sovereign and free to make such a move.

TL;DR: You ask for a loan, the bank writes a "check" for you with that amount on it, and they give it to you. They don't pay any money or give any collarteral to third parties to write the check. It's just created electronically from thin air.

All of the money from loans is technically described as credit, to you and me, it is correct to just call it debt.


Yeah.

And by using Bitcoin, you can opt out of debt/GDP ratios.

The U.S. is still the world's leading debtor; should the US be happy that they are the world's most indebted country? The question is, can the US pay off such a huge debt of 33 trillion dollars?

Who are the developed countries? They are the ones with big debts to the central banks. And they are given loans because of the good economic performance of their countries and the high interest that they also give to those who will lend them money.

Global debt has accelerated sharply over the last 10 years due to the Corona pandemic, monetary stimulus packages, and geopolitical conflicts, and it is likely to continue accelerating due to the military buildup between countries. Citizens and taxpayers often pay the price either by increasing taxes or by decreasing exchange rates (the value of the currency), so it increases. Labor strikes and the feeling that salaries are no longer what they were in the past, and this tension often leads to revolutions or wars. Therefore, all countries do not pay attention to the debt crisis, which is often passed on to future generations or borne by the middle and poor classes.

It is also worth noting that all these indicators should not be taken as "everything is bad and critical".
They are indicators of :
How much everyone owes everyone else
and also
How much we owe to ourselves

Just dry figures in the perception of "they owe someone 1005008000 dollars", do not quite objectively describe the real situation

The biggest thing to look for in National Debt isn't only the size of the debt (or even the ratio with GDP). The important thing to look for is where the money is going!
You see in some cases printing money out of thin air is not the worst thing but only as long as that money is entering a healthy economy and goes into production. But when the money is being printed to cover some deficit, pay for extra costs that never existed before (like starting a couple of very costly wars), etc. that is when it becomes problematic because the government would be increasing liquidity WITHOUT increasing the size of the economy. That means higher inflation.

This is exactly why US has a very high interest rate these days. All the money they've been printing has been increasing the inflation and to battle that they are desperately manipulating the interest rates which is not working as well as it should while causing recession at the same time...

Over the past few years, debt is continuously increasing globally. The COVID-19 pandemic fueled this graph. Debt trap is a global phenomenon, and we have seen this first time when China acquired a port in Sri Lanka a few years ago. The debt to GDP ratio of different countries is on the rise, and we will see many countries default on their loans and subsequently, the lender will acquire an important strategic location or a natural resource.



As you can see from the above statistics, every country in the World has some amount of debt, and this will trouble them in the future.

With all this growing debt burden, we are looking at more and more inflation and unemployment. I am particularly thinking about the underdeveloped African and Asian countries; their debt-to-GDP ratio is on the higher side, and they are taking more and more loans to pay back their debt. They are trapped in this cycle forever. 
For an in-depth analysis of the debt trap and capitalist mindset, I suggest you read the book "Confessions of an Economic Hitman" by John Perkins.

They started beautifully and essentially, and directly but "hidden" pointed at Russia, and then stupidly jumped to ... USA
I will explain the problem with your position. The US, yes I do not deny it, prints DOLLAR quite easily. But the market that consumes the dollar:
- Is the US domestic market, with actually the largest consumption of anything and everything by the entire US population.
- The DOLLAR is the currency of the world economy, which is many times larger than the US economy and consumption, and will absorb almost any amount of "printed dollars"
- The USA, participating in bringing order, where the principles of legality, democracy, law and other human values are violated, does not print money that becomes "ashes", as for example Russia does now, where about 40% of GDP (according to official figures, but not officially more), within 1-6 months turns into ashes, rust and ... corpses.
- The USA INVEST in its economy, because even "non-refundable aid" brings benefits to the USA.
- Plus, in the context of the topic - calculate the balance of the size of the US debt, and the size of the world's obligations to the US