[Albion Wilde]

Every nation for itself.

[MrChips]

A surprising list! Singapore? Really!? And France?! Wow!

[Texas Fossil]

The 15 Countries Buried Under The Most Debt (% of GDP)

   
#15 Portugal
   
#14 France
   
#13 Sri Lanka
   
#12 Sudan

#11 Ireland
   
#10 Belgium

#9 Singapore

#8 Italy

#7 Jamaica

#6 Iceland

#5 Greece

#4 Zimbabwe

#3 Lebanon

#2 Saint Kitts and Nevis

#1 Japan

[goodnesswins]

Saint Kitts and Nevis?????? Never heard of them.

[kabar]

They don’t include the “Intragovernmental Holdings” part of the US debt ($4 trillion), which would put us in the top 15. This is just a measure of publicly held debt versus GDP.

[The Sons of Liberty]

I'm surprised that the USA was not there. I guess if we let Hussein have his way we'll be at the top in no time, - of course we'll no longer have a country!

Take Back AMERICA!
FUBO GTFO 2012 !

[PGalt]

Very interesting. Thanks for posting.

[The_Reader_David]

Of course, the U.S. only stays out of that list by crooked accounting. The U.S. “Debt held by the public” is only about 59% of GDP, but there’s another 30% of GDP in “Intra-government borrowing”, i.e. created by “funding” Social Security with Treasury securities, add that and we’re at 89% of GDP and into the top 15. And then there’s state and local debt (most countries don’t have an analogue of this, being unitary states) good for another maybe 12% of GDP, so actual governmental debt is over 100% of GDP.