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Mirgro,

You are sorely mistaken:

http://en.wikipedia.org/wiki/List_of_countries_by_public_debt

Greece - 108%

UK - 69%

US - 53%

As for your argument about debt and capitalism, I'd argue that it is hard to have public indebtedness to others, when you control any and all entities that could loan you money (e.g. the banks).



Back from the dead, I'm afraid.