Past

Memory

Befana

Overgrown Child.

Suit

North pole

Nationalism

Italy

Massive Debt

Bank

@MistakeMade Why do you say massive debt for italy? The US has a much larger debt.

Points

@FireSpread actually based on how much money both governments make per year (GDP) Italy has a greater debt than the US. People can often times misunderstand how government debt works and think this means that the US owes all 20 trillion to China when in fact its only around 1.2 Trillion owed to China and a bit more to a few other nations. Most of the US debt is internal, the internal debt makes up somewhere around 70% of the debt or around 14 Trillion. A lot of people look at the size and don't base it on something comparable to other nations. The US is the world's richest nation monetarily and that's what helps cause the misperception. The nation in the greatest debt is Japan with a debt equal to 250% of it's GDP. Many of the larger/better nations are in what seems to be great debt. Here are some examples:

China~ Officially China's Debt is 4.6 Trillion USD but excludes several things that should be included making the debt over 12 Trillion or roughly 117% of it's GDP. Source: https://www.nationaldebtclocks.org/debtclock/china

Japan~ Mentioned already but I won't exclude. Japan's debt is officially 9.5 Trillion but excludes a few things but I don't have figures for what they exclude so we will leave it at that. This figure is roughly 250% of Japan's GDP. Source: https://www.nationaldebtclocks.org/debtclock/japan

France~ France is transparent about their debt which is roughly 2.6 Trillion or about 98% of it's GDP. Source: https://www.nationaldebtclocks.org/debtclock/france

Germany~ Not very transparent about their debt but they do release figures annually under the Maastricht treaty but it's suspected that they may have more, I will only display figures that can be confirmed so I'll leave it at the stated figure of 2.5 Trillion or 70% of it's GDP.
Source: https://www.nationaldebtclocks.org/debtclock/germany

USA~ Transparent about it's debt the US debt is currently at around 20.5 Trillion or 106% of it's massive GDP. https://www.nationaldebtclocks.org/debtclock/unitedstates

UK~ Good transparency about it's debt. The debt is around 2.35 Trillion or 85% of it's GDP. Source: https://www.nationaldebtclocks.org/debtclock/unitedkingdom

Russia~ Discludes External Debt in official debt of 195 Billion but with external debt it equals around 500 Billion or around 45 to 50% of it's GDP. Russia is a nation that is surprisingly poor as it included in any list of the world's most powerful nations but this is due to the fact that Russia loves the military industry greatly and devotes it's money to it. Source: https://www.nationaldebtclocks.org/debtclock/russia

Italy~ Not what many would consider one of the world's largest/better nations but as this was something you and I mentioned I will include it.
The debt is around 2.7 Trillion or 130% of Italy's GDP they do seem transparent about the debt. Source: https://www.nationaldebtclocks.org/debtclock/italy

I apologize for going off topic but I needed to reply to Firespread.