Why the US is a giant on staggering leg. Warning, massive wall of text.

[Lostplanet22]

Badassbab said:

Lostplanet22 said:

USA's debt is 67% of GDP..   You are talking about external debt and that is not the same.. Countries as Luxemburg have an external debt of 4.000% of GDP UK: 470% of GDP etc..

No country could survive the sort of debt you've attributed to UK. Luxemburg is at 4 or 4000?

Source?

The % =  External debt of GDP..

 United States 94%
 United Kingdom  416%
 Germany 155%
 France 188%
 Netherlands 470%
 Spain 165%
 Italy 101%
 Ireland  1004%
 Japan 42%
 Luxembourg  3854%
 Belgium  267%
 Switzerland  271%
 Australia  92%
 Canada 62%
 Austria  212%
 Sweden  165%
 Hong Kong  311%
 Denmark  196%
 Greece  167%
 Norway  143%
 Portugal 223%
 Russia 30%
 Finland  153%
 People's Republic of China  7%

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