[adityagupta104]

Hi,
I know this will be a very naïve question but I am new to economics.
This is a basic doubt,
I read today that US owes an overall debt of 16 trillion, similarly india is also too worried on its fiscal deficit, I think that every country owes some debt. So if every one owes some money, then where is that money coming from?? or in other words, if everyone’s account balance is in -ive then where is that money come from and to whom do they have to pay it back to??