World's Richest Government. . .
Interesting attachment for those who are financially inclined to get a better perspective on the world's economies
Enjoy and Have a Great Week!!!!
We know the world's richest man is Carlos Slim Helu of Mexico,
followed by Bill Gates and Warren Buffet of USA.
How about governments?
Which countries' government is the richest (having most money that is, in US$)
Richest governments after 2008-2009 financial crisis:
4. Saudi Arabia
7. South Korea
9. Hong Kong, China
Here are the rest, in million US$:
Big national reserves doesn't guarantee prosperity however, for instance, the yearly expenses for China's government is $1.11 trillion, their government must always think of economic growth and making more money.
A country normally can borrow up to 100% its GDP, a very strong industrial country or very financial stable nation can borrow up to perhaps 200% its GDP, debts over 250% GDP the country is bankrupted.
There Are Only 5 Countries With No Debt (I.E. 0%) –