Showing posts with label
rich
.
Show all posts
Showing posts with label
rich
.
Show all posts
Tuesday, November 29, 2011
World's Richest Governments
World's Richest Governments
We know the world's richest man is Carlos Slim Helu of Mexico,
After the two richest men in the world , Bill Gates n Warrent Buffet , gave away most of their fortune to charity )
You'll have to check with Forbes for the rest.
How about
governments
?
Which government is the richest (having most money that is, in US$)?
If you are expecting North American and European nations, wrong .........
While the countries may
look
rich, wealthy European nations can't withstand a prolonged major financial crisis, just like Greece.
The USA might have the biggest economy, but the American government is not at all rich;
(in fact,
it can't even take out US$150bn if asked to now without resorting to borrowing
.
)
To date the US government has borrowed $14.5 trillion!
The UK, likewise, while the country/people are well off, the government isn't.
The UK government's debt stands at $9 trillion now!
The
World's Richest Governments
immediately after the 2008-2009 financial crisis are: -
1.
P R of China
National reserves: $2,454,300,000,000
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