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Exactly what the Spanish, Italians and Greeks are doing - those that can afford to - buying up a bolt hole in the UK and transferring funds out of the country.

Did I say that? Was just pointing out that the comparison was comparing the same things. Interesting chart TC. Wonder what the ratio of assets and superannuation (401k) are?

Well - it was comparing apples with apples as the US figures are for government debt.

Added to that the very real possibility that Onesteel will close it's Whyalla steelworks and a new industry is required for a dependent population of around 25,000 ... http://www.abc.net.au/news/2011-11-21/onesteel-warns-clock-is-ticking-on-whyalla/3685304?section=nsw