RATE
General Gov't Debt to GDP Ratios:
Ireland 40%
U.K. 45
Spain 55
U.S. 60
Germany 65
Portugal 70
France 70
Greece 110%
Italy 120%
Japan 160%
As you can see, almost all fiat currencies are at risk!
There is only 1 currency that is riskless because it needs no country to back it - that currency possesses 1 unique character. On its own, it is intrinsic wealth - that currency is GOLD.