"External debt" is defined as the total public and private debt owed to nonresidents repayable in foreign currency, goods, or services
http://en.wikipedia.org/wiki/List_of_countries_by_external_debt
US : 42.343 USD
UK : 174.167 USD
Germany : 54.604 USD
Ireland : 448.032 USD
China : 271 USD
Now, you tell me why the GBP is worth 1.5906 USD ! LOL !
http://en.wikipedia.org/wiki/List_of_countries_by_external_debt
US : 42.343 USD
UK : 174.167 USD
Germany : 54.604 USD
Ireland : 448.032 USD
China : 271 USD
Now, you tell me why the GBP is worth 1.5906 USD ! LOL !