How A Flush Country Gets Into Trouble - an analysis in the Washington Post. Good job of noting that a large percentage of USA debt is held internal to the country versus the external debt issues that once plagued Canada in the 1990's and plague countries like Greece or Italy today:
http://www.washingtonpost.com/busine...AiI_story.html
Japan is another country where most of its debt is held internally by Japanese, meaning they are effectively borrowing from themselves.
Cowperson