THE WORLD'S BIGGEST ECONOMIES ARE DROWNING IN DEBT.
Japan's government debt has reportedly reached 204.4% of GDP, more than DOUBLE its annual economic output.
And Japan isn't alone.
Japan: 204.4% Italy: 138.4% United States: 125.8% France: 118.4% Canada: 110.7% China: 106.9% United Kingdom: 103.6% Germany: 64.6%
Advanced economies reportedly average 108.2% of GDP.
But here's the real danger.
High debt doesn't automatically trigger a crisis. Rising interest costs make that debt harder to manage, leaving governments with less room to respond to the next economic shock.
If even the world's richest economies are carrying this much debt, who can afford the next crisis?
POKÉMON CARDS ARE MAKING MORE MONEY THAN CRYPTO PERPS.
A Solana-based collectibles platform, Collector Crypt, has reportedly surpassed both Hyperliquid and Papertrade in 24-hour revenue.
The unexpected driver?
Pokémon cards and digital mystery pack openings.
As collectible pack openings go viral onchain, users are spending enough to push Collector Crypt ahead of major crypto trading platforms on the daily revenue leaderboard.
The irony? While traders battle for profits with leverage, people opening Pokémon packs are generating more revenue for a collectibles platform.
Maybe the next big crypto trend isn't another trading strategy. It's nostalgia.