sgray: 
> Herewith, then, I propose a readers' contest 
> to invent the next panic...
>
"This year, the debt will reach 63 percent of 
GDP, a ratio that has ignited crises in smaller 
wealthy nations. Fiscal crises gripped Canada, 
Denmark, Sweden, Finland and Ireland when their 
debts were below where the United States is 
shortly headed..."

Read more:

'National debt seen heading for crisis level'
By Carolyn Lochhead
San Francisco Chronicle, April 5, 2010
http://tinyurl.com/y8m4lzd
 

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