If a country goes bankrupt and sold off..

If a company goes bankrupt, its assets are liquidated and sold off to meet the creditors' demands..

If a country goes bankrupt, does the same thing happen?  Let's say the US goes bankrupt.  So that means China and Japan get the West Coast, Canada gets the northern states, Mexico gets the southern states, the EU gets the east coast?

FUUUUUUU-

I want to be with Canada, fuck the EU uppity communist bitches.