From http://demonocracy.info:
USA is the nation with most debt by far in the history of human civilization.
USA's total debt, including personal debt, real estate (mortgage) debt, consumer debt, credit card debt and government debt totals a mega $47,992 Billion USD ($47.9 trillion). Source: US Debt Clock
USA borrowed $1229 billion in 2011. USA runs a mega ~35% budget deficit, far above the 3% max limit set by EU for economic stability standard. With industrialized world economies in crisis, USA faces little problem to finance its budget deficit in 2012 since world's money is currently flowing into USA in great numbers as investors try to find "safety" where to store their money, since Europe is not safe; neither are banks. As long as USA has access to cheap credit due to scared investors willing to hand over their money in name of "safety", USA's interest payments will remain far below normal. As of Feb 2012, the debt numbers are following:
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