Scandinavia and the World

Comments #9846516:


A Zorba slowing down 19 10, 9:47am


Given that their debt today is 375.74 billion U.S. dollars, I'm assuming Billions. More to the point the poster is making, that's more than 1.6 times their GDP, so they're in quite the debt crisis. USA has much more debt, but their GDP is about the same, so they're continuing to manage fairly well financially.

ALSO, when you borrow money and spend it all developing the world's most unnecessarily large military... you don't have to be too worried about debt collectors.
China: "USA, you need to start paying back what you owe us!"
USA: "............... Or what?"
China: "... um..."

One last little bit of trivia: 8th January 1835 is the only day in history that the USA had no national debt.