Reply #38: According to your own source, their debt to GDP is 142.80%..

[girl gone mad]

well below that of Japan. So why isn't Japan facing a similar crisis and threatening to drastically reduce services, raise fees, sell off national assets and cut government budgets, if this is merely an issue of profligate spending?

What do you think our debt would look like if it were priced in a currency we had no control over? As an example, maybe you should consider our debt priced in gold or Euro over the past decade.