Debt levels remain high across the world especially in the developed countries.However debt levels vary by type and country as shown in the following chart: Click to enlarge Source:Vanguard’s economic and investment outlook, Jan 2014, Vanguard Debt held by the Federal government, households, non-financial and financial firms in the U.S. and Germany is moderate(between 50% …
The U.S. dollar has been the world’s preferred reserve currency since the end of World War I. The fact that about 60% of the world’s foreign exchange reserves are held in U.S. dollars proves that the world continues to maintain the faith in the dollar. The U.S. is a debtor country. The government borrows heavily …
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The South American country of Bolivia is bordered by Argentina, Brazil, Chile, Paraguay and Peru. The country has a population of over 10.4 million. Here is a brief overview on the economy of Bolivia from CIA’s The World Factbook site: Bolivia is one of the poorest and least developed countries in Latin America. Following a …
I wrote an article titled Can the U.S. Become the Mecca of Manufacturing Again? back in May 2012. In the article noted why Caterpillar (CAT) shut down its plant in London, Ontario and moved it to Muncie, Indiana and that places like Greenville/Spartanburg corridor in South Carolina are emerging as the Mecca of manufacturing in the U.S quoting a …
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There are about 200+ countries in the world. Some of them are small with small populations while others are tiny. Their population and economy size are not large enough to get international investors’ attention. In the latest edition of Finance & Development magazine published by the IMF I came across an interesting article on these …
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