Test Post #1
Testing May 23 First New post !!!
Archive of entries posted by David Hunkar
Top Ten Creditors to the USA
Recently the Department of the Treasury/Federal Reserve Board updated the Major Foreign Holders of Treasury Securities data. The following are the top ten creditors to the USA as of March, 2009: [TABLE=150] Not surprisingly China is still the largest holder of US debt. The Chinese hold $767 B in March this year compared to $727 …
Canada’s Financial System: Why Is It Stable In This Crisis?
The IMF Country Report for Canada published today offers some unique perspectives on the reasons for the stability of Canada’s financial system since the credit crunch began. There have no been no failures of financial institutions, no large scale bailout of banks and the financial system did not undergo severe systemic pressures like it did …
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Knowledge is Power: Will China’s Economy Recover? Edition
1.Colin Grassie, CEO, Deutsche Bank, Asia- Pacific tells The Asset that his one fervent wish for Asia in the next 10 years is for Asian savings to be more effectively recycled into domestic capital Asia: The Future – Interview with Colin Grassie 2.Chief non-Japan Asia Economist for Credit Suisse Dong Tao explains why China’s economy …
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Knowledge is Power: World Trade To Fall Edition
1.With world trade volumes likely to shrink by as much as 13 percent in 2009 from 2008 levels, the OECD is urging governments to avoid protectionist measures and keep markets open in order to allow economies to benefit from the recovery when it comes.World trade set to fall 13 percent, OECD urges governments to avoid …
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