rgan Stanley Research. KP www.kpcb.com USA Inc. | Consequences of Inaction 415 For Perspective, USA Inc.'s 55% Public Debt as % of GDP (2009) is in Middle of Pack When Compared with ‘Top 25’ Global Peers, Though Rising to 90% ‘Warning’ Level* Rank Country As % of Net Debt as % of GDP As%of 2009 Budget As % of