Hello, I my own computations, I took the CIA world fact book and computed the ratio of the debt to most of the countries, in my opinion these countries are technically bankrupt, the worst being Luxembourg, they owe 4 million dollars per person. I took the first 197 countries were the data was available, the countries that are in a bankrupt situation are in order Country ratio of debt and revenue per person Luxembourg 50.94 Monaco 18.20 Ireland 13.27 Netherlands 5.65 United Kingdom 4.27 Switzerland 4.25 Belgium 3.53 Denmark 3.07 Austria 2.51 France 2.39 Liberia 2.32 Portugal 2.18 Hong Kong 2.17 Norway 2.05 Finland 2.04 Sweden 2.02 Germany 1.86 Spain 1.77 Greece 1.66 Italy 1.34 Cook Islands 1.31 Latvia 1.18 Australia 1.08 Slovenia 0.99 United States 1.02 Canada is at the 34'th rank with a ratio of 0.79 So since, the debt of Luxembourg represent 51 times the annual revenue of a person then I am afraid they are doomed. The total being something like 62000 billion dollars, the interest of this is about 3000 billions dollars per year (at 5%). The curve of US debt (as well as most of the others) is steadily increasing, if we extrapolate the curve for let's say 250 years : First scenario, the international banking system will collapse and 3 countries might get pass this point , China, India and Russia, mostly because the amount of money the owe is ridiculous. Simon Plouffe