According to him, the total GDP of the whole world is $80-90 trillion.

“The US national debt at the moment is more than 30 trillion, and it is literally increasing by leaps and bounds,” Venediktov said. 

He added that Japan's debt is already approaching 10 trillion, which is more than 2.5 times the country's GDP.

“It turns out that in just two countries of the collective West, the public debt is rapidly approaching half of the GDP of the entire globe,” Venediktov said.

Earlier, economist Yegor Klopenko said that the “point of no return” had come for the dollar - many countries are already looking for a replacement for it out of fears associated with the huge US national debt.