Excellent find.

Any website that helps to visualize a countries debt has got to be a good thing.

In the 1950's 1 in 3 countries defaulted on their accumulated sovereign debt due to the 1930's depression and WWII.

In the 2010's and 2020's how many countries will do the same???

How many more countries will soft default by debasing their currencies through inflation???

Despite its debts, the US is much more likely to escape from these problems due to in a word fracking. This cheap plentiful supply of energy will power their economy to recovery. All EU countries with their eco-green expensive energy policies are going in the opposite direction and where their economies will be deindustrialized to lower cost suppliers in Asia and the US, they will face becoming a bankrupt, zombie, 3rd world area. Even with its very strong economy Germany will struggle to escape this fate with its €1.35trillion and rising Eurozone bailout, bank and Target2 debts, as their neighbouring Eurozone countries go bankrupt.

The UK is in a particularly bad position due to Labour's Climate Change Act committing us to far greater "plant foot" reduction measures and targets than any other country in the world. These measures have been enthusiastically endorced by the LimpDemCon coalition. We also have a rapidly increasing sovereign debt problem from our very high out of control deficit, declining North Sea oil and gas, an inadequate energy infrastructure to cope with these changes and very high taxes, stagflation with falling real wages and an ever increasing balance of payments problem. But the good news is, that so far, it is not affecting or worrying 99.999% of the UK population as Corrie, Eastbenders, Emerstale, Strictly and X-factor are all being broadcast as usual.
