Showing posts with label wealth. Show all posts
Showing posts with label wealth. Show all posts
Sunday, September 24, 2006
Friday, July 28, 2006
Where the wealth is?
The level of gross foreign claims on U.S. assets is approaching $14 trillion, about 25 percent of U.S. wealth and perhaps 10 percent of global wealth. Eventually, foreign investors would become reluctant to own, say, the bulk of U.S. assets or to have the majority of their wealth holdings invested in one country. However, we are far from such limits for two reasons.
Followign that logic, the USA is home for the 40% of global wealth.
Source - America's External Balances Economic outlook
'America, America, God shed his grace on thee,
And crown thy good with brotherhood,
From sea to shining sea...'
Followign that logic, the USA is home for the 40% of global wealth.
Source - America's External Balances Economic outlook
'America, America, God shed his grace on thee,
And crown thy good with brotherhood,
From sea to shining sea...'
Subscribe to:
Comments (Atom)
