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Well, I actually thought our private debt would be far higher than americans too. Maybe it is, thats just one chart I found, who knows if it's correct? See ya's.

http://www.smh.com.au/opinion/politics/our-growing-wealth-is-matched-by-the-explosion-in-crazy-regulation-20111116-1nizo.html Looks to me as though the average Aussie has 4 times the wealth of the average American? And according to this article, are we the wealthiest, or second behind...

What about this? Hmm. Looking closer, this chart has different scales on each side. Why did they do that? So it appears that Aussie debt topped out at about 160% gdp, but US debt topped out at about 300%. I suppose the most important thing is can it be repayed? Currently Aussies...

He compared the US with Australia. See ya's.

That's an interesting article. And one of the most bullish you'll ever read, Wow!!! It concerns me a bit with some of his factual mistakes though. If you write something like that you'd make sure you get some simple facts correct. It's pretty easy to check on figures these days with the net...