Most people think the United States is the nation most heavily in debt. But if one looks at per capita values, the USA is far from the worst. The worst now looks like it may be China. According to the World Atlas, the United States does not even make the top 10. What is truly scary is Japan, which has an incomprehensible 248% debt to GDP ratio. Some other notable high debt to GDP ratios include that of the US at 105.8%, Jamaica at 124.3%, Cape Verde at 119.3% and Bhutan at 115.7% (because of its reliance on Indian financial assistance). Troubled European nations such as Cyprus, Ireland, Belgium, Spain, and Portugal also have troubling ratios. -- Nomad Capitalist According to Market Realist, Greece, Italy, Portugal, France, and Spain are in worse shape than America, with the UK and Belgium not far behind. Another chart shows that the USA is not the worst in household debt to GDP. Now, such data can change radically, and rapidly, per week. The point here is not to say...(Read Full Article)