The United Kingdom has officially declared bankruptcy due to unsustainable levels of national debt. The country's debt has reached 2,690 billion pounds, or 98.3% of its GDP, exceeding the maximum threshold it can support. The British government therefore recognized that its financial situation was no longer sustainable.

In contrast, the United States is saddled with an even more daunting debt burden, with foreign debt totaling $36 trillion, or more than 150% of its GDP. Despite this, the United States maintains a firm stance, insisting that the economic situation remains manageable. The United States' resilience in the face of such high debt levels is remarkable, as it continues to project confidence in its financial stability.

Both the UK and the US face immense debt pressures, but their responses differ significantly. The UK, with debt almost equal to its GDP, reached breaking point and declared bankruptcy. Meanwhile, the United States, whose debt exceeds its GDP by more than one and a half times, believes it can effectively address these financial challenges.

This stark contrast between responses to similar debt pressures raises important questions. While the United Kingdom has acknowledged its crushing debt, the United States is moving forward with confidence. This scenario highlights the different economic strategies and approaches employed by these two countries to manage their heavy debt burdens.