Since 2008, the global recession has threatened to topple the world's most developed and robust economies, and many wealthy nations are now in the red and saddled with the burdensome debt loads. Test your knowledge of how the economic crisis has affected people from Reno to Reykjavik with this quiz from HowStuffWorks.com.
Question 1 of 20
Which country has the largest gross external debt in the world?
Question 2 of 20
Which was the first European country to request a recession bailout from the International Monetary Fund?
Question 3 of 20
The global recession adds up to roughly how much money in debt?
Question 4 of 20
Which of the following countries had a perfect AAA credit rating as of October 2011?
Question 5 of 20
Which Nordic country received a credit rating boost in May 2011?
Question 6 of 20
In 2009, which African government decided to abandon its currency?
Question 7 of 20
Which Caribbean nation has one of the largest public debt burdens in the world?
Question 8 of 20
Although Japan's public debt represents almost 200 percent of its GDP, the Asian country has a relatively low level of what type of debt?
Question 9 of 20
According to CIA data, which country has the highest public debt as a percentage of GDP in the world?
Question 10 of 20
Going into the global recession in 2008, which European government had the least amount of debt?
Question 11 of 20
Which country owns a majority of American debt?
Question 12 of 20
Which country voted twice to not repay $5 billion in loans taken out for bank failures?
Question 13 of 20
In 2011, The Standard & Poor's (S&P) credit-rating agency ranked what country as its "least credit-worthy"?
Question 14 of 20
Which European Union country has turned to China for recession assistance?
Question 15 of 20
Which country comes in second behind the United States for the shouldering largest amount of total debt?
Question 16 of 20
The average American totes around how much in debt?
Question 17 of 20
Which U.S. state has the highest debt per capita?
Question 18 of 20
In 2010, the Brookings Institute determined which U.S. city the most "recession-proof"?
Question 19 of 20
Name the following country with the lowest gross public debt:
Question 20 of 20