In the second quarter of 2010, the Chinese economy surpassed that of Japan making it the second biggest economy in the world. In the past few years a general belief has developed that China is on its way to become an economic superpower. However the popular notion that China is getting better than the U.S. …
Continue reading ‘Three Reasons Why the U.S. is Better Than China’ »
Crude oil prices have been volatile over the past few years. On Friday, the price rose $1.21 to reach $98.99 in New York. As fears of recession in the EU and the U.S. have decreased, the prices have jumped from $77.0 a barrel in early October to about $100 now. Some investors hold the stocks …
Continue reading ‘Comparing the 5-Year Performance of Six Large-Cap Oil Stocks’ »
The Italian equity market is one of the hardest hit markets in the world this year due to the European debt crisis and Italy’s own fiscal crisis that came to the forefront of investors’ attention this week. The FTSE MIB, Itlay’s benchmark equity index is down well over 20% YTD. However with the current Prime …
Continue reading ‘Ten Italian Stocks Offer Potential Investment Opportunities’ »
The live chart for the “Public Debt to GDP ratio” and “External Debt to GDP ratio” of select countries can found in the US Debt Clock site. Click to enlarge Source: US Debt Clock The screenshot above is as of November 6, 2011. For the latest data please go to their website.
The current US National Debt is over $14.8 Trillion. Much of this debt is owed to U.S. residents. Among the external creditors, China is the largest holder of U.S. debt. The U.S. spends a large portion of its budget each year in the form of interest payments to service the huge debt load. The following …
Continue reading ‘One Year U.S. Interest Payments on National Debt’ »