In this post lets take a look at some of the differences between China and USA. The chart below shows the comparison of government finances between the two countries. Click to enlarge Source: Der Speigel China has the world’s largest foreign currency reserves. Though the chart says it is $1.9T, the more recent figure was …
Continue reading ‘China vs. USA – A Comparison of Government Finances and the Economy’ »
From “The Numbers” section of the latest edition of Bloomberg BusinessWeek: Governments around the world haven been borrowing heavily in the past 10 years so much that the debt level has now more than doubled to $55 Trillion. CNBC has published a list of The World’s Biggest Debtor Nations based on the total outstanding external …
Continue reading ‘List of Countries for Possible Downgrades’ »
The Bank Director magazine has published the results of the 2009 Bank Performance Scorecard which ranks the top 150 banks in the U.S. In an article titled “Home Run Hitters: Results of the 2009 Bank Performance Scorecard” the magazine noted: “In what’s been one of the toughest years in banking, institutions that played it fiscally …