Fun Is Gud
[FAO] World's richest government
(Please let the pics open. It may take some time on a slower connection
)
Interesting for those who are financially inclined to get a better
perspective on the world's economies.
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's is the richest
(having most money that is, in US$)
If you are expecting North American and European nations,
you might be disappointed
.
While the countries 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 $150bn if asked to now
without resorting to borrowing.
To date the US government has borrowed $14 trillion!
The UK, likewise, while the country/people are rich,
the government isn't.
The UK government's debt stands at $9 trillion now.
World's Richest Government
Richest governments after 2008-2009 financial crisis:
1. China
National reserves:
$2,454,300,000,000
2. Japan
National reserves:
$1,019,000,000,000
3. Russia
National reserves:
$458,020,000,000
4. Saudi Arabia
National reserves:
$395,467,000,000
5. Taiwan
National reserves:
$362,380,000,000
6. India
National reserves:
$279,422,000,000
7. South Korea
National reserves:
$274,220,000,000
8. Switzerland
National reserves:
$262,000,000,000
9. Hong Kong, China
National reserves:
$256,000,000,000
10. Brazil
National reserves:
$255,000,000,000
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