It's the timebomb (due date) associated with those debts will trigger the collapse. Also, the external debt with those countries are pretty much all exceeding their GDP, or just little less.
The debt to GDP ratio is not making whole lot sense now
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ok, the biggest (USA) is actually in better position than other
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12/10/2009 postreply
10:53:00
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It depends on how long the Fed will continue to print money
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12/10/2009 postreply
10:59:38
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no. regarding debt, USA is still in better shape than other west
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12/10/2009 postreply
11:28:21
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It really depends how you put it
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12/10/2009 postreply
14:33:47