gold - what are your thoughts?, page-5

Massive US debt?! Their govt debt as a % of GDP (remember they are 40% of world economy) is insignificant compared to the whole of Europe & Japan. Of particular concern is France, Germany, Italy, Canada, & Japan (ie most of g7) well before the US. Then you have the likes of Sweden & Russia although the relative lack of size of their economies lessens any effect on the whole.